Stocks And Precious Metals Charts - Risk On - For Now, As Optimism Balloons

It was risk-on all the way, today.

Moderna put out an item that waxed optimistic about a coronavirus vaccine. While we can hope, the markets seem to be far exceeding the promise.

At least the Trump coronavirus vaccine czar should be happy, given his equity position with Moderna.

So stocks soared, and the dollar fell.

Gold and silver reached for a high note early on and then were sold off hard for losses.

I suggest that we wait to see how the week progresses.

Lawlessness and hysteria are both in the air.

I will remind all of us to think first and keep our priorities in order, with first things first as always.

It is always tempting to toss reason aside and jump into the fray. Much easier than thinking and sorting things out.

Have a pleasant evening.

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