We complete this weekly market wrap up on a Sunday morning to look at some headlines that effected the world markets.
It was an amazing manipulated week. First, a dire start of the week with trade talk hopeless, to the trade talks again, back in the headlines on Thursday, and the fake jobs report on Friday. Markets reversed and back to RECORD HIGHS. ....... Everything is wonderful.............Buy REAL ASSETS.
All charts are weekly candlesticks.
The debt up 37 billion for one week, additional $114 per citizen. A double over last week's increase.
Precious metals went down big on Friday to close higher for the week. What else is new, the options traders immediately hit the sell when the jobs report was released. USD closed at 97.64, breaking a three week trend of a flat weekly close of 98.02. The USD was hit all week but surged Friday. Silver closed at 16.62, down 48 cents. Gold closed at 1464.5, down $5.5. Palladium another record high, showing what cane happen in a less manipulated market, closed at 1852, up$49. Platinum at 898, unchanged for the week..
S&P up near record highs, a big up day on Friday for all stawks to save the index to a decent close. Rigged algos.
Crypto had a down week. BTC is down 350 for the week but the weekly charts looks worse. Total token being tracked are now at 4904, up an additional 28 for the week. Total marketcap rise to 202 billion, down 7 billion. BTC dominance at 66.8%, unchanged. Steem at #90, moving down 4 spots, priced under 12 cents, at 0.1184, down about a cent and a half.
Keep stacking. Go get you some.
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