top of page

Weekly Memorandum 3/22/2021

Stocks are up slightly to start the week, after closing marginally lower last week. We still need to see the Nasdaq play catch up to the other indices and form new all-time highs, or we could have a sell signal on our hands. Value has been outperforming growth as of late, largely due to inflation expectations being at 13-year highs.

Bonds once again finished lower, while agricultural commodities largely finished higher. Crude Oil shed some of its recent gains, while the dollar saw another relief rally. Cryptos were overall quiet last week, while gold and silver saw some buyers come into the picture. This is the last full trading week of the quarter and of the month, so we need to see some of the more recent trends close out on a strong note if they're going to continue into Q2.

15 views0 comments

Recent Posts

See All


bottom of page