Stocks And Precious Metals Charts - Saudi Oil For China Gold?
Stocks slumped further today, testing the limits of a normal correction.
What comes next will likely be driven by key corporate earnings reports.
The big techs are heavyweights in the SP 500 and the NDX.
Gold and silver were under pressure.
As was the Dollar.
A whopping 289,000 ounces of gold bullion left the Shanghai warehouses yesterday.
There may be some merit in the 'oil for gold' transactions between the Saudis and China.
VIX was basically flat.
META 'crushed' expectations and the stock was up over 10% after hours.
Amazon on deck.
The spice must flow.
Have a pleasant evening.
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