Stocks And Precious Metals Charts - Risk On - Our Brave New World

By Jesse of Jesse's Cafe Americain

Feb 22, 2024 at 6:54 PM EST

Nvidia's forecast after hours lit a fire under the bulls. And they came in snorting and short-squeezing this morning, across the board.

black android smartphone turned on screen

Image Source: Unsplash

Nvidia's (NVDA) forecast after hours lit a fire under the bulls.

And they came in snorting and short-squeezing this morning, across the board.

No worries, risk on it was.

Those who hedged a bad number out of Nvidia got smoked.

Gold drifted a little lower along with silver and the Dollar.

VIX fell.

Like I said, risk on.

The miners were beaten with an ugly stick.

A man might have been tempted to selectively buy a few of the more absurd valuations.

Wash - rinse - repeat.

We have the most efficiently shameless con men in the world.

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.

STOCKS IN THIS ARTICLE

NVDA GLD SLV VIX UUP

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