13 April 2018

Stocks and Precious Metals Charts - Beware the Leaven of the Pharisees

To some who were confident of their own righteousness, and looked down on everyone else, Jesus told this parable:  “Two men went up to the temple to pray, one a Pharisee and the other a tax collector. The Pharisee stood by himself and prayed: ‘God, I thank you that I am not like other people—robbers, evildoers, adulterers—or even like this tax collector. I fast twice a week and give a tenth of all I get.’

“But the tax collector stood at a distance. He would not even look up to heaven, but beat his breast and said, ‘God, have mercy on me, a sinner.’

“I tell you that this man, rather than the other, went home justified before God.  For all those who exalt themselves will be humbled, and those who humble themselves will be exalted.

Mark 18:9-14

"Beware the leaven of the Pharisees, which is a pious, hollow hypocrisy."

Luke 12:1

Today was a surprisingly sleepy trading day.

The weather was pushing 80 degrees here. Perhaps people were lured away from their offices to enjoy the outdoors.

I know that I was.

All of the tensions that have been causing markets to gyrate are still there, if but forgotten for a day.

Let's see what the new week will bring.  I suspect that more volatility is in store for us, and perhaps a few surprises as well.

Have a pleasant weekend.