Log-in here if you’re a member with access to the Closer.
Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, as crude oil fails to break out, we show the ominous head and shoulders pattern in copper futures. We also show how gold’s rally has been consistent with the drop in the 10-year yield. Next, we review the break down in the tracking of bank stocks and preferred securities while the market prices in significant rate cuts over the next two years. Since retail was the only industry group to finish the day higher, we show forward performance following similar instances before finishing with a look at some Canadian economic data.
See today’s post-market Closer and everything else Bespoke publishes by starting a 14-day free trial to Bespoke Institutional today!