← Go back Aug 08, 2023
S&P 500 made that tech driven upswing I cautioned you yesterday about, only to keep declining overnight in preparation for and Emire State manufacturing data. I don‘t see them as , but the volatility made for good . As the tech daily gyrations (varied sensitivity to yields move and absolute level) persist, keep in mind that yields (chiefly at the longer end of the curve as opposed to 3m or 6m) are in the driver‘s seat. Today‘s article introduction would be brief in favor of the individual markets talk, and especially live Twitter coverage on this arguably most data heavy dat (important) day of the week. Keep enjoying the lively via keeping my tab open at all times (notifications on aren’t enough) – combine with subscribing to my , and of course that (head off to Twitter to talk to me there), but getting the key daily analytics right into your mailbox is the bedrock. So, make sure you‘re signed up for the free newsletter and make use of both Twitter and Telegram – benefit and find out why . Let‘s move right into the charts (all courtesy of ) – today‘s full scale article contains 2 of them. Most probably this week, we would see a nice gold and silver bottom – this $1,930 and $22.20 must hold – odds are they would, and miners will cooperate in the turn (see how GDX did vs. HUI). Crude oil reached the lately talked $81 – $82 support – good resilience thus far in spite of China data – this can‘t be said however about copper, which appears in need of more consolidation, whre $3.55 is especially closely watched now that my often talked $3.72 and earlier $3.65, have been reached. Thank you for having read today‘s free analysis, which is a small part of covering all the markets you’re used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates. While at my site, you can subscribe to the for instant publishing notifications and other content useful for making your own trade moves. Turn notifications on, and have my (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible! Thank you,
Read more: valuewalk
