Retirement Lifestyle Advocates
To a casual observer, the economic news is mixed. Depending on the story one is reading, you would conclude that we are in a severe recession, even a depression or, on the other hand, we are seeing a quick recovery from the economic fallout from the lockdown response to COVID-19.
The exodus from major cities continues.
While there is no fundamental justification for it, stocks rallied again last week and rallied strongly.
As we suggested last week, metals markets continued to consolidate after a big run-up.
By our technical measures, stocks are now once again in an uptrend.
Silver continued its monster breakout last week, rising 15.54%. All markets were higher with the exception of US Treasuries and the US Dollar Index which were mostly unchanged.
Metals continued their breakout last week.
Metals broke out last week. Gold rallied 5.58% while silver advanced nearly 18%.
Your Portfolio Watch Weekly Update – July 20, 2020
Your Portfolio Watch Weekly Update – July 13, 2020