Post Market Summary: Dec 27
Today both major stock indices finished slightly higher. This is in part because of the bond market stabilizing and moving higher today. When bonds move higher, interest rates are kept low which is stock market positive.
Bitcoin continued its wild ride today and is currently down around 5% as I am posting this article. Precious metals gold and silver both continue to rally. In my opinion, I think that the rally in precious metals is partially caused by the uncertainty in bitcoin right now. The other factor is the falling dollar which is the LONG TERM trend. Weak dollar equals higher precious metals.