Stocks And Precious Metals Charts - National Mid-Term Election And FOMC Next Week
It was 'risk on' today as stocks rallied hard all the way into the close, with the futures going out on the highs.
The Dollar chopped sideways, along with the metals slid down toward the bottom of their short-term range.
The VIX fell sharply down to a recent low.
Must be an end-of-month thing, tee-ing up the next wash and rinse perhaps.
We will have the mid-term national elections on Tuesday, with the FOMC on Wednesday afternoon.
The Republicans are expected to take back the House, and maybe even the Senate.
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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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