28 May 2020

Stocks and Precious Metals Charts - Pop and Flop


"Look back over the past, with its changing empires that rose and fell, and you can foresee the future."

Marcus Aurelius


"A narcissist will deliberately damage other people in pursuit of their own selfish desires, but may regret and will in some circumstances show remorse for doing so, while a malignant narcissist will harm others and enjoy doing so, showing little empathy or regret for the damage they have caused.”

John D. Garner

Stocks were trying to extend their rally today, but fizzled badly into the close.

Are they ready to roll over? It might take some sort of exogenous event to get that ball rolling.

But the market valuations are thinly supported and vulnerable to a serious sell off, unless the ESF and powers that be once again choose to expend public funds to support it.

Gold and silver rose a bit with the Dollar lower.

Donny was roiling markets today as he and his merry pranksters attempt to divert attention from their pervasive corruption and inept handling of the nation's business with emotional bread and circuses.

Have a pleasant evening.