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Estimated go live date is Monday, September 18th
•SPY, QQQ, IWM and DIA all make new record highs.
DIA outperforms. Various stock sectors playing catch-up.
Biotech and Solar continue to lead
•Junk bonds confirm new highs for stocks.
Treasuries may not be done correcting after all
Investment-grade corporate bonds pull back from all-time highs.
•US Dollar is approaching an important support zone.
Euro breaks to multi-year highs.
•Gold is taking advantage of the weaker dollar and gains for the 3rd straight week.
GDX also has a good week.
•Oil is definitely overbought.
XLE has a weak bounce - not confirming a strong move in oil.
•Natural gas again goes nowhere.
Estimated go live date is Monday, September 18th
•SPY, QQQ, IWM and DIA all make new record highs.
DIA outperforms. Various stock sectors playing catch-up.
Biotech and Solar continue to lead
•Junk bonds confirm new highs for stocks.
Treasuries may not be done correcting after all
Investment-grade corporate bonds pull back from all-time highs.
•US Dollar is approaching an important support zone.
Euro breaks to multi-year highs.
•Gold is taking advantage of the weaker dollar and gains for the 3rd straight week.
GDX also has a good week.
•Oil is definitely overbought.
XLE has a weak bounce - not confirming a strong move in oil.
•Natural gas again goes nowhere.
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