Stocks And Precious Metals Charts - Another Pop And Flop
Stocks did another pop and flop here at the current lofty level.
Gold and silver were hit, but gold managed to take its loss back.
Silver not so much.
I suspect that at some point we will see gold up $50-100/ounce overnight.
As for silver, depending on the circumstances, its move might be harrowing to the metal bears.
But let's see what happend.
The VIX of course fell.
There will be some key economic data coming out this week.
PCE, the favored measured of inflation at the Fed, will be reported on Thursday.
The markets are whistling past a geopolitical graveyard.
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)
More By This Author:
Stocks And Precious Metals Charts - Popped And FloppedStocks And Precious Metals Charts - Risk On - Our Brave New World
Stocks And Precious Metals Charts - Not Enough
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
