24 April 2019

Stocks and Precious Metals Charts - Tech Powers Higher


"Fellow citizens, we cannot escape history. We of this Congress and this administration will be remembered in spite of ourselves. No personal significance or insignificance can spare one or another of us. The fiery trial through which we pass will light us down in honor or dishonor to the latest generation. We, even we here, hold the power and bear the responsibility

The dogmas of the quiet past are inadequate to the stormy present. The occasion is piled high with difficulty and we must rise with the occasion. As our case is new, so we must think anew and act anew. We must disenthrall ourselves and then we shall save our country."

Aaron Copland, Lincoln Portrait

Today was an interesting day for the unconventional.

Techs powered up to a new high, while the SP 500 moved lower.

The Dollar was much higher again today, cracking the 98 handle on the DX index, while gold also moved higher.

Next week is the May FOMC meeting.

Have a pleasant evening.