Volatility for Week-Ending August 7, 2020

Index re S&P500 (VIX) down for week below 200MA medium-term support

Stock Market for Week-Ending August 7, 2020:

S&P500 (SPY) up for week to 5 up to overhead re February all time high 

NASDAQ-100 (QQQ) up for week to an all time high inside upper half of 4 month ascending channel

Smallcap Index (IWM) up for week to a 5 week high moving above 7 week ascending triangle 

Fixed Income for Week-Ending August 7, 2020:

10-Year Treasury Yield (TNX) up to .56% inside 8 week falling wedge

TIPS Inflation Protection (TIP) up for week to an all time price high  

Corporates-Investment Grade (LQD) up for week near an all time price high

High Yield Corporates (HYG) down into long-term support/resistance Mar'19 - Aug'20  

Commodities for Week-Ending July 31, 2020

Gold (GLD) up for week to an all time high

Copper (CPER) down for 3rd week holding near 14 month high

WTI Crude Oil (USO) drifting sideways since March in an ascending triangle near a multi-year low

Agriculture Commodities (DBA) up to a 4 month high  

Securities and Advisory Services offered through:

        Centaurus Financial, Inc.  

        Member FINRA and SiPC

     Registered Investment Advisor