Stocks and Precious Metals Charts - Epic Wash and Rinse

By Jesse of Jesse's Cafe Americain

May 5, 2022 at 5:45 PM EDT

Dollar up sharply with VIX, gold, and silver lower, and stocks took the gas pipe.

That was some serious wash and rinse dithering we have seen over the last couple of days.

The second lows have been set, with a vengeance.

The spokesmodels were reduced to yammering inanities.

It was pretty much a reversal of everything from yesterday.

Dollar up sharply with VIX, gold, and silver lower, and stocks took the gas pipe.

Let's see what the Non-Farm Payrolls report brings.

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.

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