In the most quiet trading, gold was smacked down to 1800, and silver to 24. The purpose of this was to 'run the stops.' And yet both metals managed to end the day higher.
The market observance of Martin Luther King Day was a great opportunity for the wise guys to slam the futures around, particularly gold and silver.
In the most quiet trading, at night, gold was smacked down to 1800, and silver to 24. The purpose of this was to 'run the stops.'
And yet both metals managed to end the day higher.
Stocks were on a tear, with the NDX 100 leading the way higher.
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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