Stocks and Precious Metals Charts - Reversals - Non-Farm Payrolls Friday

Oct 6, 2021 at 4:42 PM EDT

Stocks were down hard this morning, but reversed and rallied into the green for the close. The Dollar was higher, taking back the 94 handle and then some.

Stocks were down hard this morning, but reversed and rallied into the green for the close.

The Dollar was higher, taking back the 94 handle and then some.

Gold and silver edged higher.

A better than expected ADP payroll number, and optimism about the debt ceiling caused optimism to break out.

Yay we win again.

Non-Farm Payrolls 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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