Stocks And Precious Metals Charts - Stock In Selloff Mode

Stocks were in selloff mode from the overnight, as the rumors about trade deals that lifted the markets late last week had grown stale.

The economic news was not helping, either domestically or from overseas. 

Some late afternoon rumor calibration from Larry Kudlow had stocks coming off their lows of the day, but still closing with some less than inconsequential losses.

Gold and silver finished higher as the Dollar managed to close nearly unchanged after a dipsy-doodle day.

The news of the day from Davos was almost unbelievably scripted and vacuous behind the headlines, while at the same time mildly nauseating. Much like so many modern reality TV shows.

Speaking of which, Mitch 'Turtleman' McConnell has agreed to bring some of the Democratic 'kick the can' proposals over opening the government for a few weeks to a floor vote in the Senate. They will also vote on Trumpolini's compromise proposal.

Have a pleasant evening.

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