Stocks and Precious Metals Charts - Get Three Coffins Ready

The dollar took a dive today, and the metals priced in dollars managed a bounce off of that. Stocks bobbled a bit, but managed to hold on to their recent nearly vertical rally gains.

The dollar took a dive today, and the metals priced in dollars managed a bounce off of that.

Stocks bobbled a bit, but managed to hold on to their recent nearly vertical rally gains.  The Dow, the SP 500 and the Nasdaq 100 are all at new highs.

I doubt the market will sell off, unless there is an 'event' to drive real selling, until the SNAP IPO gets squeezed out. The valuation has been reduced somewhat, from the outrageous to the merely absurd.

Once the sell-off starts, it could be impressive.

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None.

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