Here are some of the most noteworthy new highs and lows across the markets for Friday, March 6, 2020.
These are but a few of the highs and lows resulting from another historic week in the markets.
Perhaps most noteworthy is the 10-Year U.S. Treasury Yield $TNX Crashing To All-Time Low (this is just a basic, unaltered log chart, FYI)
CRB Commodity Index $CRB Testing ~18-Year Lows
Oil Services Index $OSX Hitting All-Time Lows
Alcoa $AA Hitting Near 40-Year Lows
Euro Banks Hitting New Decade Lows
Newmont Corporation $NEM Hitting 7-Year Highs, But…
And…Clorox $CLX Hitting All-Time Highs
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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.