Stocks And Precious Metals Charts - Setting The Stage - NEM Buying GG

Stocks opened lower today, amid risk concerns about the global economy.

Gold and silver moved slightly higher as the Dollar index was off a bit.

Stocks managed to come off the lows and finished the afternoon trade just slightly lower.

Let's see if the equity markets are going to try and roll over here, or not.

As we enter earnings season the focus will start moving a bit more towards individual stocks.

Newmont Mining announced their intent to acquire Goldcorp to form one of the world's largest mining companies.

As the metals move higher expect more volatility and consolidation in the mining complex.

There will be a stock market option expiration on Friday.

Have a pleasant evening.
 

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.