Stocks And Precious Metals Charts - Creatures Of The Plutocracy

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The Consumer Price Index came in higher than forecast this morning, but the details of the composition of the number suggest it was 'warm' rather than 'hot.'

So stocks rallied back hard into the close.

Did I mention that there is a stock option expiration on Friday.

Gold and silver got nailed, because it was a risk on rally after all.  

And they were overdue for a correction.

VIX plummeted.

As expected.

And so for today, Goldilocks reigned supreme. 

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 ...

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