OPEC+ surprised the markets with a million barrels per day production cut, which put a spark to the energy sector this morning.

But the ISM Manufacturing Numbers came in weaker than expected at 10 AM so stocks took a hit from the signs of continued slowing in the real economy.

Expectations are that earnings for the first quarter are going to be dismal for the real economy.

As opposed to the unnatural pricing power of monopolies and cartels like Oil, Big Pharma, and eggs.lol.

The Dollar continued to slide.

VIX was elevated but fell again as stocks recovered and the Wall Street oligarchs took solace in their relative invincibility.

Gold and silver managed to post some gains.

There will be a Non-Farm Payrolls report on Friday.

This will be interesting because the stock market in the US will be closed that day for Good Friday.

It's always something.

Gold is pushing up against a key resistance level as you can see on the chart.

Have a pleasant evening.

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