Stocks And Precious Metals Charts - What Tomorrow Brings

By Jesse of Jesse's Cafe Americain

Dec 6, 2022 at 4:52 PM EST

Stocks slumped hard again today, falling back down to touch support at a lower level, with a little bounce into the close.

Stocks slumped hard again today, falling back down to touch support at a lower level, with a little bounce into the close.

Gold and silver pretty much chopped sideways.

The VIX continued to climb off its recent low.

Is the 'rinse' over yet?

Hard to say. The next major stock index option expiration is not until next Friday.

But I took off my index shorts before the close today. No need to be greedy.

Let's see what fresh antics tomorrow brings.

Have a pleasant evening.

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More By This Author:

Stocks And Precious Metals Charts - As Night Follows Day, Rinse Follows Wash
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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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