Stocks continued moving higher in a relief rally from a short-term oversold condition.

Without a fresh fundamental reason to continue to rise higher, the correction in the market is probably coming quickly to an end.

Non-Farm Payrolls report for April on next Friday, May 3rd will likely affect the markets.

Gold and silver were hit hard early on, as part of the Comex option expiration boogie-woogie.

That also may be quickly passing. Gold achieved a 38.2 Fibonacci retracement early today, and then bounced back to almost unchanged by the close.  

Silver actually posted a gain for the day.

A big chunk of gold took a walk out of the Hong Kong Comex warehouses. More expected to follow. 

How did the governments of the US, UK, Germany, and France become so indifferent to the good of the people who elect them?  

It's quite the fashion these days.

Follow the money.

Have a pleasant evening.

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