Weekend Market Review, “Breakout Edition”, 10.26.19
The theme of last week’s video was inflation. This week, it’s “Breakout”. The global equity markets unequivocally broke out to the upside, many hitting 52-week and some hitting all-time highs. This move was not unexpected for subscribers as we’ve been pointing to the growing internal (absolute and relative) strength in many segments of the equity markets. Keep a very close eye on industrial commodities, shipping, and energy sectors as this breakout grows over the next 3-6 months.
$TNX $SPY $SPX $QQQ $COMPQ $RUT $IWM $JNK $TIP $TLT $USD $GOLD $GLD $WTIC $EEM $OIL $VIX $JJC $XLY $XLP $XME $FCG $SLX $LIT $URA #Equities #FixedIncome #Commodities #PreciousMetals #Energy #Copper #Inflation #Deflation #InterestRates #Nasdaq #Gold #USDollar #Volatility #EmergingMarkets
**Disclaimer** This video is for educational and information purposes only. Please do your own due diligence before determining whether to buy or sell any security.