Stocks And Precious Metals Charts: Stocks Declined A Bit
The Dollar and VIX chopped sideways and were essentially unchanged.
The spokesmodels were talking up 'King Dollar' with pom-poms flashing. Sis boom bah.
Stocks declined quite a bit but came back from the selling pressure in the last half hour.
Gold and silver were slammed.
What a surprise.
Tomorrow must be a major stock option expiration and rebalancing, aka a 'quad witch.'
Lawless, with little to no consequences.
Fedex withdrew its 2023 earnings forecast in an early announcement after the bell and was knocked down 11%. Ouch.
Have a pleasant evening.
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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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