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

Financial Survival Network

Stock markets reversed course for the month: Dow added 3.2% to 30932, S&P 500 up 2.6%, Nasdaq finished up 0.9%, Russell 2000 chugging higher at 6.1%, TSX added 3.9% TSX.V up another 10.5%. VIX down to 28. Dollar was .5% to 90.94 and Euro down .5% to. 10 Year yield skyrocketed to 1.44%. Bitcoin went parabolic again up 38.2% to a record 47672. Gold off 6.1% to 1735. Silver went off 1% to 26.70. PT up 10.8%. PD rose 3.2% for the month to 2229. Dr. Copper up again 18.3% to $4.19, breaking $4 per pound. WTI up another17.8% to 61.50. Brent up a bigly 18.3% to 55.88. Natgas up slightly 8.2% to a still anemic 2.77. Uranium kept losing down 5.3% to $27.88. Ratios: Au/Ag 65 - Pt/Au .68 - Pt/Pd .53 - BRT/WTI 1.08 WT/HH 22.2 and AU/WTI coming back down to earth 28.4.