Stocks And Precious Metals Charts - A Tsunami Of Insouciance

Stocks were in a risk on rally higher stampede today.

The spokesmodels were ebullient in a boiling flurry of pom-poms.

Tech took out its prior high in its bearish stepladder decline.  

The SP 500 has a little way to go.

As you might have expected the VIX has dropped back down to its recent lows.

The Dollar rose rather strongly as fears of the debt limit receded, for no particular reason.

Gold and silver continued to decline as bully shed his fears and streaked the field.

Banking crisis - over.

War with Russia and Ukraine- meh.

Increasing tensions with China -  paper tiger.

 Impending domestic recession - not for those who matter.

Stock index option expiration tomorrow.

Have a pleasant evening.

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