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We are in the midst of earnings season, and this has a major influence on what happens with stocks.
The NASDAQ 100 has been very bullish the entire year, but at this point, the index is up about 40%.
It’s always a bit difficult to get a gauge on emerging market currencies, but it should be noted that the Mexican peso is primed to continue seeing gains
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August should be a very noisy month for the gold markets, as traders try to figure out what to do.
The USD/MXN pair has been very negative for quite some time, as we now find the market testing the 17 pesos level.
The NASDAQ 100 rallied rather significantly during the month of June, and therefore it looks as if we are testing a major breakout.
The S&P 500 has been bullish during most of the month of June, and it’s possible that we may have a little bit of a cooling period for the month of July
Gold markets have drifted lower during the majority of June, as we continue to fall in the face of higher interest rates.
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Stock markets have been very bullish as of late, especially technology stocks.
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Gold markets have drifted a bit lower during the bulk of May, but it looks as if we are testing an area of potential support.
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