12 January 2021

Stocks and Precious Metals Charts - Metals Bounce - Stock Option Expiration on Friday


"And because of the increase in lawlessness the love of most will grow cold."
"Many will become addicted to hateful and malicious thoughts and harsh and hateful words. Slaves to their desires, they will be ferocious, angry and despising what is good and righteous.  With brutal treachery they act without restraint, bigoted and blinded by the delusions of their pride. They demand and find delight in the things of this world, and ignore their need to serve God first. They may act religious, but they want only to serve their own passions."

2 Timothy 3:1-5 


"Is this a sign that the Germans are so brutalized in the simplest human feelings, that no chord within them cries out at the sight of such deeds, and that they have sunk into a fatal lack of conscience from which they may never, ever awake?" 

The White Rose, Second Leaflet, Munich 1942 

"If you have not chosen the kingdom of God first, it will in the end make no difference what you have chosen instead.” 

William Law 

Stocks were trading weakly today, with the storied big cap techs showing the most fatigue.

The small caps in the Russell 2000 have been outperforming.

Gold and silver were in a back and forth shoving match most of the day, but finally went out near the highs.

The Dollar gave up its recent gains but managed to hold on the 90 handle by its fingernails.

There will be a stock option expiration on Friday.

Let's see how the rest of the week goes.   Many of the charts are at key pivot points.

It is said that privately Mitch McConnell believes that Trump should be impeachedEt tu, Turtleman?

Have a pleasant evening.