08 December 2020

Stocks and Precious Metals Charts - Holding the Line


The Dollar managed to scrape a little rally together today, but failed again to take back the 91 handle.

VIX dropped.

Stocks were rallying, in somewhat lackluster action.

Gold and silver managed to hold their recent gains.

Trading will be growing increasingly quiet and 'technical' from now until the year end unless something dramatic, and most likely exogenous, happens.

With the election settled and a viable vaccine on delivery now two major risk factors seem to have been dampened down.

We are expecting *maybe* one-half inch of snow tomorrow in the NYC area.

Time to raid the grocery store for bread and milk.    

Have a pleasant evening.