Stocks And Precious Metals Charts - Time To Come Home
The highly optimistic rally of the week ended with profit-taking today.
What a surprise.
Stocks were lower.
VIX rose sharply as traders rediscovered the concept of risk.
Gold and silver rallied sharply as the very heavy-handed price suppression of the week of the Non-farm Payrolls report has helped to fuel a strong rebound.
Wash - rinse - repeat.
The ongoing conflict in the Middle East may weigh heavily on markets as they re-open on Monday.
Have a pleasant weekend.
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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 ...
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