Stocks And Precious Metals Charts - Downfall

Precious metals faced selling pressure as the VIX retreated, signaling a complex market reaction to active warfare.

Source

Stocks flopped this morning on the news that the US and Iran are once again engaged in active warfare, with missiles flying in both directions.

Oil rallied on this news.

VIX took some notice but then went back to sleep.

Stocks rallied in to the close to take back much of their losses.

The Dollar chopped sideways.

Gold and silver took some light selling that dwindled a bit in the afternoon.

To me things now seem somewhat inevitable.  

Not that one can ever become complacent in trading markets.

But at the end of the day, what a man sows so shall he reap.

Have a pleasant evening. 

STOCKS IN THIS ARTICLE

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