Stocks And Precious Metals Charts - A New Era Tech Bubble - Non-Farm Payrolls Report Tomorrow
It was a 'risk-on' day to kick off the third quarter.
Stocks rose higher, clearly led by the big cap tech stocks, as intraday the NDX set another all-time high.
Lagging were the SP 500 and the broader Russell 2000.
This is another new era tech stock bubble.
Gold and silver took a serious hit, not all that uncommon the day before a Non-Farm Payrolls report.
The dollar edged lower.
The FOMC minutes suggest that the Fed will be buying bonds at non-market prices for many years.
This is going to be a good test of the Malignant Monetary Theory.
As a reminder, this will be a holiday-shortened week, with Friday observed for the 4th of July this weekend.
Have a pleasant evening.
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