In today's video:
1) U.S. Equity markets closed significantly higher today completely ignoring the U.S., China trade issue and rising Bond yields. The Dow Jones Industrial Average gained 184.84 points, the S&P 500 added 15.51 points while the Nasdaq 100 closed higher by 60.32 points and the Russell 2000 finished higher by 7.42 points.
2) U.S Crude Oil Futures gained nearly 1.5% on signs that OPEC will not boost output while Gold Futures fell $2.80 or 0.23% after a bounce in the U.S. dollar. The Bond market dropped sharply today lifting the yield on the 10-year treasury note to its highest level since May.
3) As the potential of an all-out trade war escalates between the US and China, we find out that China's U.S. Treasury holdings fell to a six-month low of $1.17 trillion. Is this China's way of retaliating? If so, everyone should sit up and pay very close attention to this.