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RPC Donations Set Another Record

Daily Rap 01-15-2021

The stock market was a sea of red for a change, with the indices off about 1% in the first couple of hours. From there they traded in a wide range and finished a little above the early lows.

Away from stocks, green paper was higher, as was fixed income, while the metals were thumped, with silver losing 3% and gold 1%. The miners were very heavy once again.

Dangerous Curves Behind On a related topic, Bitcoin was also aggressively lower. For what it's worth, my friend who had intended to sell it this week did so. Whether what we've just witnessed was the end of the parabola or not we really won't know until we see how it trades in the next couple of weeks -- not that it matters directly to anyone, but just in terms of general market education...more


Last year's posts for Ask Fleck

Q: Hi Bill,

Any particular reason Paas is under pressure today
despite metals and most miners are green today ?

Thank you

Fleck: So was SILV. Silver stocks have been punished this week.
(posted: 1/15/2021)


Q: Hi Bill,

Out of curiosity, did your friend sell his Bitcoin or decide that his parabola count was off (or something else)?

Thanks

Fleck: Sold half and he's going to sell the rest in the next few days.
(posted: 1/15/2021)


Q: Dear Bill, any insights as to why WDOFF has been doing extra poorly?

Fleck: Nope. A lot of them have sucked, just some more than others: WDO, SILV, PAAS, AGI, AEM, etc.
(posted: 1/15/2021)


more Ask Fleck...

The bottom's in...