Stocks And Precious Metals Charts - CPI Thursday Morning
This remains a dangerous, highly-manipulated market.
If you must, proceed with caution.
There will be a CPI read on Thursday morning.
It may be leaked ahead as it was last time, and it may move markets.
Watch out for the 'tail risk.'
It was a 'pop and flop' kind of a day. Pretty typical really for this beark market we have.
Stocks rallied hard in the morning and then fell back to the red or essentially unchanged.
Gold managed to hang on to a slight gain while silver moved lower.
Neither has confirmed a breakout yet in my judgement from the charts.
The Dollar dumped.
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)
(Click on image to enlarge)
More By This Author:
Stocks and Precious Metals Charts - Shameless - And the Band Played OnStocks And Precious Metals Charts - Minsky Moment - Our Year Of Living Dangerously
Stocks And Precious Metals Charts - Another Volatile Day
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 ...
more