Futures Slip From Record Highs, Michael Zarembski Weighs In

Michael Zarembski, Director of Futures at Charles Schwab, says interest rates have finally stopped their steep upward move. He says gold has had a breakout above the 1750 to 1760 level and we are starting to see momentum to possibly 1800 in the next week or so. He discusses the copper and crude oil levels and is watching the chart trends. He discusses the housing and lumbar markets. He says the jobless number last week was a blowout number and is a step in the right direction.

Futures

19 Apr 2021

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Futures Slip From Record Highs, Michael Zarembski Weighs In

Michael Zarembski, Director of Futures at Charles Schwab, says interest rates have finally stopped their steep upward move. He says gold has had a breakout above the 1750 to 1760 level and we are starting to see momentum to possibly 1800 in the next week or so. He discusses the copper and crude oil levels and is watching the chart trends. He discusses the housing and lumbar markets. He says the jobless number last week was a blowout number and is a step in the right direction.

Futures

19 Apr 2021