Stocks bounced back up today as the PPI came in reassuringly milder than the steaming hot CPI. Gold and silver gained back some ground as well.
Stocks bounced back up today as the PPI came in reassuringly milder than the steaming hot CPI.
Gold and silver gained back some ground as well.
The Dollar chopped sideways.
I marked the Fibonacci retracement levels on the charts.
Have a pleasant evening.
(Click on image to enlarge)
(Click on image to enlarge)
(Click on image to enlarge)
These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy, I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for the purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflections on general macro financial and economic events and trends.
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