Stocks And Precious Metals Charts - Here Comes Santa Claus - Paint The Tape
Stocks were steadily drifting higher on light volumes.
Barring some exogenous event, this is how they like to paint the tape for the end of the year.
If the specs start leaning too hard on the melt-up we might see a wash and rinse, after we see the big houses close their books.
Or before. It's always something.
The Dollar chopped sideways on the 96 handle.
Gold and silver were higher.
VIX of course dropped.
Underneath the markets, a simmering volcano.
Have a pleasant evening.
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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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