Crude Oil & Gold Pull Back

Monday Markets demised despite the plethora of indicators pointing towards another rally. Asia markets has spurred interest in crude oil yet American investors were not interested and sent crude oil prices down along with Gold. Reason behind this is the news that many energy, metals, and agricultural contracts have been pulled back. However the question arises if they have concerns why is Gold going down? Usually among times of economic depression, gold is seen as an investor safe haven against inflation. So does this still mean investor our optimistic about the markets and overall economy? Personally I would shy away from any huge investments currently until we some sort of set back after the ridiculous gains that came in during the March Madness rally. Expect for April to be a rough month with many large U.S. companies set to report some with little long-term optimism to offer. Though like it’s said April showers bring May flowers.

Wednesday Market Update

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