Stocks And Precious Metals Charts - Gods Of The Market, Idols Of The World

By Jesse of Jesse's Cafe Americain

Oct 12, 2023 at 5:52 PM EDT

The dollar and the markets reacted strongly to a slight variation in the CPI inflation data this morning.

The Dollar and the markets reacted strongly to a slight variation in the CPI inflation data this morning.

The Dollar rallied sharply.

Stocks slumped, in stages,

Gold and silver declined.

VIX rose.

The direction of the markets was extended. Today might have been a reversal of trends more than anything else. The CPI data was merely a trigger.

Let's see how we go on this week, and particularly into the weekend.

The risk tails in the geopolitical sector are much fatter than the markets appear to allow.

Have a pleasant evening.

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

More By This Author:

Stocks And Precious Metals Charts - Gold And Silver Rising
Stocks And Precious Metals Charts - Climbing Higher
Stocks And Precious Metals Charts - To Remain Human

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.

STOCKS IN THIS ARTICLE

Also Mentions:

GLD SLV UUP NDX SPX VIX

Comments

Back to all articles