Stocks And Precious Metals Charts - Holding The Line

Dec 8, 2020 at 5:46 PM EST

The Dollar managed to scrape a little rally together today, but failed again to take back the 91 handle. The VIX dropped and stocks were rallying, although in somewhat lackluster action.

Gold and silver managed to hold their recent gains.

Trading will be growing increasingly quiet and 'technical' from now until the year end unless something dramatic, and most likely exogenous, happens. With the election settled and a viable vaccine on delivery now two major risk factors seem to have been dampened down.

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.