Stocks And Precious Metals Charts - IPO Mania May Be Marking Another Stock Bubble Top

Stocks were dragging in the early going overnight. 

But lo and behold, AirBnB ABNB brought out its IPO and scored a fabulous opening price over the initial offering. 

And so tech once again led the exuberant way. 

This looks like late-stage bubble action. 

There will be a quad witch option expiration next week, just in time for a Santa Claus rally. 

Or is it Santa Fed? 

Gold and silver were running hard but then were smacked down in the early NY going. 

They did manage to take some of that back off the lows but finished a bit off. 

The Dollar lost the 91 handle, again. 

Light action with plenty of trading gimmicks. 

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)

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
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.