Key Points
- Brent crude futures (June’26) rose to $103.68 per barrel.
- The S&P 500 reached a new high. However, the bull signal has not been confirmed by the Dow and the S&P 1500 Transportation Index.
- The Fed has injected $170 billion of liquidity into financial markets since December 2025.
- 10-year Treasury yields found support at 4.25%, while gold is headed for another test of support at $4,500 per ounce.
Brent crude futures (June’26) broke resistance at $100 per barrel and are now testing $104.
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Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients.
Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter.
Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.