Stocks and Precious Metals Charts - Long Time Coming - Stocks Drop Hard Led by Big Cap Tech

By Jesse of Jesse's Cafe Americain

Mar 3, 2021 at 6:18 PM EST

Stocks slumped today, with the selling gaining some momentum in the afternoon.

It was clearly a 'risk off' consideration.

The VIX got some legs higher.

Gold and silver were pushed lower once again, and the miners could not provide any leadership.

The dollar moved sideways. there will be a Non-Farm Payrolls report on Friday.

Have a pleasant evening.

(Click on image to enlarge)

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.

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