The Fed is still printing money, and that
is still bullish for the stock market. Look
for a seasonal peak due July 20-21, followed
by a minor dip then more upside
movement. Next year, we should get THE
TOP due in April 2021, but there are
miles to go before then. Gold is in an
uptrend, but it is a problematic one, with
silver and the Japanese yen not tagging
along. If the Fed ever yanks away monetary
support, gold is going to get hurt in a
big way. T-Bonds are stuck going sideways
thanks to the Fed, like a spring held
in a coiled state. If and when the Fed ever
allows the spring to be unsprung, a lot of
pent up energy is going to be released,
pushing bond prices lower.