Kerry Lutz's--Financial Survival Network

Mickey Fulp's Monthly Major Market Review (August 2021)


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For the month of August, the stock market was generally up with dips in a few areas. Dow was up 1.2% 35361 and S&P 500 added 2.9% to 4523, Nasdaq was up 4.7%. Russell 2000 was up 2.1% to 2273, TSX added 1.5%, and TSX.V slammed for 3.1% decline. VIX dropped to 16.5. The Dollar went up 0.5% to 92.66 and the Euro went down 0.5%. 10 Year yield went up 4% to 1.3. Bitcoin recovered 13.5% to 46957. Gold stayed right at 1814. Silver was off 6.1% to 23.9. Pt off 3.4% to 1008. Pd was down 7.4% for the month to 2406. Copper rose 4.29% to $4.29. WTI down 7% to 68.50. Brent down 4.2% to 72.88. Natgas shot up again adding 7.9% to bring it to 4.38. Uranium rose 6.8% to $34.63, again extending the up trend. 

Ratios:  Au:Ag rose to 75.9, Pt:Au .56, Pt:Pd .42. BRT:WTI 1.06, WTI:HH 15.6, and AU:WTI 26.5.  

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Kerry Lutz's--Financial Survival NetworkBy Kerry Lutz

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