It's hard to believe how quickly this summer has passed, but here we are already in August.
Traditionally August is the hottest month of the year, but the question is, will the markets get hot in August and start moving up?
Let's take a look at what happened in July to find out which markets put smiles on investors' faces and which markets led some investors to the poor house.
The biggest loser last month in the major market category is crude oil, which lost an astounding 21.2% for the month of July. The next biggest loser was gold, which must have put a shudder in the spines of the gold bugs (do bugs have spines?).
The euro, while it lost ground, was nothing compared to the other two markets with a mere loss of 1.4%. All three of these markets did nothing to put a smile on investors faces unless they were either short or you had puts in the options market. Continue reading "New Week, New Month, New Opportunities"