Stocks surged in a strong rally towards the closing bell, accompanied by upward movements in gold and silver, while the VIX initially rose but later experienced a sharp decline
Gold continues to leave the Hong Kong warehouses, as gold flows from West to East.
I will be having a surgery done on my left eye at the end of the week. Hopefully, it will go much better than the right eye. But I may be out of pocket.
My positions are fairly light in anticipation of being preoccupied during the FOMC on Wednesday and the Non-Farm Payrolls report on Friday.
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 from learning by my mistakes, which are many. As a standing policy, I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for the purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflections on general macro financial and economic events and trends.
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