Stocks And Precious Metals Charts - A Three-Day Weekend
Stocks were on a rally track this morning as the Non-Farm Payrolls Report came in with a 'Goldilocks' flavor.
But alas, during the day Russia decided to shut off the gas to Europe and so markets reversed, and hard.
It's the exogenous events that get you. Bet the masters of the universe didn't see they usual setup falling apart.
Well, it's a three-day weekend, and when unforeseen risk rears its head, you hit the exits.
Gold and silver were rallying along with everything else, but gave up much of their gains.
The US Dollar, which dumped in the morning, did a snappy rally back on the plight of the Europeans.
"The most important problem in the world today is your soul, for that is what the struggle is about." - Fulton J. Sheen
Monday will be a national holiday in the US. So see you Tuesday.
Have a pleasant weekend.
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More By This Author:
Stocks And Precious Metals Charts - The Sophistry Of The Fed's Monetary Policy
Stocks And Precious Metals Charts - The Fed's Private Bucket Shop - Desperately Seeking Equilibrium
Stocks And Precious Metals Charts - Unsteady As She Goes - Non-Farm Payrolls On Friday
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 ...
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