Stocks And Precious Metals Charts - Futures Decline
Stocks had trouble figuring out what to do with themselves today.
The futures managed to stick another declining day in the face of overhead resistance.
Only the Fed's excess liquidity is keeping this pig afloat now. But they do seem to be determined.
Gold and silver were off a bit as the mispricing of risk continues. VIX was lower and the Dollar was flat.
A gut check ahead of an active month's option expiration is not unexpected, especially after a nice run-up and a short term overbought condition.
Have a pleasant evening?
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None.