Stocks and Precious Metals Charts - Bulls Rally, Non-Farm Payrolls Friday

Jan 31, 2022 at 5:29 PM EST

The Dollar and the VIX dropped from their recent highs. Gold and silver rebounded a bit from the pummeling they took last week.

Stocks were in rally mode today as the Street shook off all its concerns from last week, and let the good times roll.

The Dollar and the VIX dropped from their recent highs.

Gold and silver rebounded a bit from the pummeling they took last week.

There will be a Non-Farm Payrolls report on Friday.

It is anticipated to be weak because the numbers were reported during the height of the recent surge in the omicron variant of the Covid virus.

Have a pleasant evening.

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Disclaimer:

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.