Stocks And Precious Metals Charts: Stocks In Rally Mode

By Jesse of Jesse's Cafe Americain

Sep 12, 2022 at 5:24 PM EDT

Stocks were in rally mode today, although the action was a bit more subdued than last week. VIX ticked a bit higher.

Stocks were in rally mode today, although the action was a bit more subdued than last week.

VIX ticked a bit higher.

Gold and silver popped early as the Dollar declined.

Gold gave back a chunk, but silver was once again rallying higher, hitting $20 intraday.

CPI tomorrow. An extreme read could move markets.

Let's see if the rally in the metals can continue.

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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