Russia-Eurozone relation particularly on Nord-stream 2 will need a close watch under Biden’s presidency. USA is trying its best to scuttle the Nord-stream2 gas pipelines. Global energy future lies in natural gas and not on crude oil.
Those of you that recognize that the Covid news has simply been a distraction which kept many investors out of the market (with some even shorting) during one of the strongest rallies in market history will prepare yourselves appropriately for the next rally to 4000-4100SPX.
Vaccine news meets lockdowns. Gold down $74 this week, still under $1,918 area -- the 18 week moving average. Close above it, the chart looks much differently.
