Trading Desk Notes For May 8, 2021

Posted by Victor Adair

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Stocks, commodities and gold surge higher, the US Dollar falls

The S+P 500, the Dow Jones Industrials and Transports, and the TSE Index closed the week at All-Time Highs. The Transports (up ~145% since March 2020 lows) have closed higher for 14 consecutive weeks – for the first time in their 137 year history.

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