Here are some of the most noteworthy highs and lows from across the markets for Friday, August 7, 2020.
SPDR Gold Shares $GLD Hitting All-Time Highs
U.S. 30-Year Fixed Mortgage Rate Hits All-Time Low
20 Years Later, Qualcomm $QCOM Finally Hits New All-Time High
Corn Testing ~13-Year Lows…Again
Biotech ETF $IBB Testing Breakout Level At Former 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.