Stocks and Precious Metals Charts - Fed minutes

Feb 16, 2022 at 5:41 PM EST

Stocks slumped today but managed to take back their losses in the afternoon to finish slightly in the green. Gold and silver rallied, still stuck on key overhead resistance.

Stocks slumped today but managed to take back their losses in the afternoon to finish slightly in the green.

Gold and silver rallied, still stuck on key overhead resistance.

The Fed minutes released this afternoon were dovish. What a surprise.

The dollar fell.

Option expiration on Friday.

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.