Stocks And Precious Metals Charts - Stocks Rally Again
Stocks rallied again today, led higher by big cap techs, with some surprising strength in the broader midcaps thanks to some speculations.
Gold and silver were higher, coming off a bit from the peak of their rallies.
Gold and silver both have some serious overhead resistance overhead before I might feel more secure in putting up a more substantial trading short-term position.
Let's see how the metals and stocks fare after tomorrow's Non-Farm Payrolls report.
We are in a time of hysteria and excess emotionalism, more than usual, as I cautioned some year ago in my long term forecast.
We may reach a crescendo in this over the next 12 months or so.
The Dollar edged a bit lower.
If Brexit takes a toll on the Pound, the Dollar Index may benefit. But the Euro remains the highest weight in the index by far.
Have a pleasant evening.
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