Stocks And Precious Metals Charts - From The Wilderness
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The numbers for the Non-Farm Payrolls report were remarkably in-line with expectations.
But the revisions lower in the prior months cast a pall on the outlook.
Still, its just a question of the magnitude of the Fed's next interest rate decision not the direction, which is lower.
Stocks sold off hard, and went out near the lows.
Gold and silver were sold.
The Dollar rose slightly.
VIX is wandering around.
Let's see if next week brings any clarity. Today looked like the usual technical trading gambits we see on event days such as this.
How far have we fallen from the ideals embodied in the oaths our leaders and public officials take to uphold the Constitution.
Have a pleasant weekend.
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