Stocks and Precious Metals Charts – Children of the Night, What Music They Make – Jobs Report Tomorrow

from Jesse’s Café Américain

As I noted last night, ‘There appears to be some divergence in the relative perceptions of market risk.’

The tide was already receding a bit noticeably as the pros and insiders continued to take measure to lock down their gains.

And so today there was a small break in the market, led downwards by the ‘story stocks’ and megacaps.

The VIX got some legs higher.

But the Dollar, gold and silver all sold off a bit.

This might have been due to some liquidation of assets to meet other demands, like margin calls and gaps in the old account.

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