Stocks and Precious Metals Charts - Markets Holding Their Breath Ahead of the Payrolls Report

Jun 2, 2021 at 6:00 PM EDT

Stocks were moving sideways today, with small caps show some outperformance. Gold and silver moved a bit higher, but still no clean breakout.

Stocks were moving sideways today, with small caps show some outperformance.

Gold and silver moved a bit higher, but still no clean breakout.

The Dollar rally failed in the afternoon.

The markets are keenly interested in the Non-Farm Payrolls report on Friday.

The market is riding a crest of easy money from the Fed.

They are watching closely for any signs that the party may be over.

And the Fed assures them, again and again.

Have a pleasant evening.

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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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