Stocks and Precious Metals Charts – Carnival of Heels and Souls

from Jesse’s Café Américain

[…] The stock futures did a major pop and flop, rallying in the overnight, and cracking down lower during the day trade.

The cause was a mix of disappointment over the lack of stimulus and fiscal response, and also the cessation of shenanigans from Friday’s option expiration.

The Dollar continued on a bit lower.

The VIX was higher with the perception of increased risk, aka uncertainty.

Gold and silver were both sharply higher during the day, but gave up much of their gains in the afternoon.

No matter how loud and how stubbornly foolish one may be, in the end, life is a school of probability.

Have a pleasant evening.

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