29 July 2019

Stocks and Precious Metals Charts - Calm Before the Storm

Stocks and the markets in general were in a very sleepy trading session, seasoned a bit with algo shenanigans.

The markets are waiting for the FOMC decision on Wednesday, and the Non-Farm payrolls Report on Friday.

Market indicators are suggesting that stocks are in a bubble, now.

We seem to be back in a 'heat wave' for now, very indicative of late July, punctuated by passing thunderstorms.

Have a pleasant evening.