February 19th, 2021 – Factual Daily PRO – Issue 0076 – Year 3 – Factual Manhattan L.L.C. – Author: Marcelo Marini
We seems to be entering a new high cycle.
Gold has been in a resistency in the late 2 days and it’s a sign that investors are returning to bonds.
We can also see the COVID hospitalitty decrease in the last weeks.
It can weaken tech stocks, gold and bitcoin in the short term. In the other hand today money seems to be in the controversial petroleum sector.
It seems to be that the last fiscal stimulus has been accepted by investors and the markets.
Investors could shift their attention to Industrials, materials, energy and commodities (petro could be reviving).
Stay tunned.
Marcelo Marini
Author.
