08 May 2017

Stocks and Precious Metals Charts - Hardened Hearts

"Greed, I say, is a great flood; it is a whirlpool that sucks a person down, a constant yearning, always seeking a hold, continually in movement."

Siddhārtha Gautama

"For this people's heart has grown callous, their ears are dull of hearing, they have closed their eyes; or else perhaps they might see with their eyes, hear with their ears, and understand with their heart— and then they would turn back again; and I would heal them.'

Matthew 13:15

“Just as it was in the days of Noah, so will it be with the coming of the Son of Man. People were eating, drinking, marrying and being given away in marriage, up until the very day that Noah entered the ark. Then the flood came, and swept them all away."

Luke 17:26-27

Volatility continued lower on lightish volumes.  VIX fell to 9.77 which is a new low.

Gold and silver were largely unchanged from Friday.

Stocks were weak all day, with big cap tech staging a late day rally to finish nearly unchanged.

Have a pleasant evening.