Investors weighed signs of progress toward reopening the Strait of Hormuz, Nvidia shares kept the S and P 500 afloat, The Next Event is THIS Saturday August 15th with Rob Black and EP Wealth Advisors in San Francisco for Pints and Portfolios

Oil Prices Stabilize

Rob Black Show

Looking for strategies to help you protect your portfolio in these uncertain times? Visit RobBlack.com RobBlack.com Powered by EP Wealth August 11, 2020, 26 I have a full podcast for you this morning and this afternoon I took a half day off for travel yesterday So I had some catching up to do on research

But I feel like I'm back in the game hardcore today Taking a look at the markets We see the S&P 500 down fractions It was already in the green at record territories But then it pulled back down fractions Same thing with the Dow Jones Industrial Average It's kind of sideways The Nasdaq down one-fifth of one percent While the Russell 2000 is up four-tenths of a percent

Bitcoin's down to 63,795 Down two-thirds of one percent Gold has started to break out $4,444 an ounce Of 24 bucks a day Up one-half of a percent Oil right around $82 a barrel Not telling us much there The bond market is of note Before I talk about the bond market real quickly Let's talk about the VIX It's really dead At a reading of about 15 Telling me that

August may have some negative surprises Shake some money out of the weaker hands Potentially Because there is no volatility Long story short I think the market still goes to New highs As the year goes on But not much higher We've already had a great year The 10-year treasury rate sits at 4.68 percent That's a problem It is not a tailwind It is a headwind

Oil Prices Stabilize

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Oil Prices Stabilize

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.