[VIDEO] Market Update – Gold, Oil, Equities, Bonds, and USD – Jan 08, 2020

USD Jan 2020

Dollar Movement Will be Key in 2020

I made a brief video this evening to quickly run through some key charts I’m following and where I see the big picture trends.
 

 

Energy

In energy, I cover crude oil futures, $XOP and $XLE.
 

Precious Metals

In precious metals, I cover the charts of gold, silver, platinum, and palladium futures, as well as the S&P/Gold ratio. In mining stocks I review $GDX, the GDX/GDXJ ratio, Newmont Mining ($NEM) and Pan American Silver ($PAAS).
 

Currencies

For currencies, I stick to the US Dollar ($DXY), looking and both daily and long term monthly charts.
 

Fixed Income

In fixed income, I review the 20-year treasury ETF ($TLT), mortgage backed securities ($MBB), and high Yield corporate debt ($JNK)
 

Equities

In equities, I take a quick look at the S&P500 and and the micro caps ($RUMIC).
 
As always, I hope this is helpful, and I welcome any feedback or questions. Have a great weekend!
About the author

I am the founder of fibonacci.com and an avid trader. I am also the co-founder of Texas Precious Metals, a top US precious metals company. In 2006 I was a contestant on The Apprentice with future president, Donald Trump. I live in Coeur D'Alene, Idaho, with my wife and five children, where I spend my time hiking, charting, and changing diapers.
2 Responses
  1. Jim Smith

    Sure would like to see a monthly repeat/update of your Jan 8 video. Specifically interested in your target level for gold to add to your position.

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