Stocks and Precious Metals Charts - Churn and Burn Friday - Non-Farm Payrolls Next Week

By Jesse of Jesse's Cafe Americain

Jul 1, 2022 at 5:21 PM EDT

Gold and silver were hit hard but managed to take back their losses into the close.

Stocks managed to find a footing and stage a rally into the close on the first trading day of the second half of 2022.

The Dollar nevertheless moved higher.

Gold and silver were hit hard but managed to take back their losses into the close.

The VIX fell.

The US. is having a three-day holiday weekend with the observance of the 4th of July.

Let's hope the rest of the world can carry on without Washington's oversight.

Have a pleasant weekend.

(Click on image to enlarge)

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.

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