Stocks And Precious Metals Charts - No Particular Reason

Stocks rallied today, for no particular reason.

The chip sector led stocks higher based on upgrades from Barclay.

Wash - rinse -repeat.   

Leave your shame at the curb.

Gold and silver were hit hard from the early trading, but managed to take much of it back with gold even finishing in the green.

Looks like a gut check ahead of the Comex precious metals option expiry on the 26th.

The US Dollar did nothing.

The VIX did nothing.

We may see some market-moving data this week.

FOMC and Non-Farm Payrolls for January coming next week.

Have a pleasant evening.

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More By This Author:

Stocks And Precious Metals Charts - Then You Must Fear No More
Stocks And Precious Metals Charts - The Sick Rose - Wash And Rinse Continues
Stocks And Precious Metals Charts - Option Expiration For Stocks This Friday.

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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