Stocks and Precious Metals Charts - Risk On - FOMC Tomorrow

By Jesse of Jesse's Cafe Americain

Mar 15, 2022 at 5:59 PM EDT

Gold and silver were pushed lower but managed to hold up a little against the selling. The dollar chopped sideways.

The markets were clearly in a risk on mood today.

Perhaps it is due to some insights about what the illustrious Fed will be announcing tomorrow.

Or on the other hand, just a setup for an options week wash and rinse.

Be that as it may, gold and silver were pushed lower, but managed to hold up a little against the selling.

The Dollar chopped sideways.

Perhaps as a side effect of stocks, the miners I watch were in the green today.

FOMC tomorrow. Stock index option expiration on Friday.

Here is a sample of what happens when a short metals trade implodes: JPM At the Center of Another Multi-Billion Trading Scandal.

The lies will continue until confidence is restored.

Have a pleasant evening.

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(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.

STOCKS IN THIS ARTICLE

Also Mentions:

GLD SLV UUP NDX SPX VIX

Comments

Back to all articles