Post Market Summary: December 28

Hello everybody! Today both major stock indices moved higher. Honestly it’s unbelievable how long this bull market has lasted. I think at this point it is the second longest bull market in US history. NOBODY knows when it will end especially with the central banks propping things up. However, when it does end, it will NOT be pretty.

Anyways, the bond market initially sold off today, but then some entity came in and bought them up. This stabilization in bonds allowed stocks to move higher.

The US Dollar continues to fall which is the long term trend as I have said before. Precious metals Gold and Silver rallied yet again because of the weak dollar and uncertainty in bitcoin.

Bitcoin is currently down around 10% on the day. It continues to be a wild ride, so we will all be watching it closely.

Advice: Watch the bond market here! Greg Mannarino is right about the bond market moving before the stock market. The reason I say this is because if bonds sell off here, then it could bring stocks down with it. Have a good one!