15 March 2019

Stocks and Precious Metals Charts - Take It to the Limit, One More Time

Stocks were in 'risk on' mode today, finishing their strongest week in 2018.

Gold and silver gained back a little bit as the Dollar moved lower.

Next week the FOMC will meet, and it is expected to be a nothing meeting.

There is some whispered hope for a more dovish dot plot, but that seems to be a bit of a stretch and probably not necessary.

Stocks have returned to short term overbought.

It was in the mid-70's here today. There are cold days yet to come, and perhaps even a late snow, but Spring is in the air.

Have a great weekend.