Stocks And Precious Metals Charts - A Dodgy Treasury Auction
Stocks were trying to keep piling on their gains, but alas, a dodgy Treasury auction and some of the usual hawkish burbling from Joltin' Jay Powell triggered the rinse cycle.
Gold and silver tried to rally but were caught up in the same wave of bipolar pseudo-hawkishness and ended up lower on the day.
VIX rose.
These guys vacillate between greed and fear based on very little or nothing changing from the Fed.
It's part of the great wash and rinse.
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)
More By This Author:
Stocks And Precious Metals Charts - Around UnchangedStocks And Precious Metals Charts - Lions, And Tigers And Bears, Oh My
Stocks And Precious Metals Charts - Relative Fearlessness
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 ...
more
Comments
