Stocks And Precious Metals Charts: Non-Farm Payrolls Report On Friday

By Jesse of Jesse's Cafe Americain

Mar 4, 2024 at 5:40 PM EST

The big tickle this week is the Fed, with Powell's testimony to the Congress. The Non-Farm Payrolls report is due on Friday.

Gold and silver broke out today and stuck a solid close.

The Dollar was only nominally lower.

Stocks were struggling most of the day and turned in a mixed performance.

VIX continues to languish near recent lows.

The big tickle this week is the Fed, with Powell's testimony to the Congress.

But the big one will be the Non-Farm Payrolls report on Friday.

It's all about the bubble, and so it's all about the Fed.

Grab something solid and hang on. Rough seas ahead.

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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