27 April 2021

Stocks and Precious Metals Charts - Sheep and Goats - FOMC Tomorrow


"Those who are at present so eager to be reconciled with the world at any price must take care not to be reconciled with it under this particular aspect: as the nest of The Unspeakable.  This is what too few are willing to see."

Thomas Merton


“When the Son of Man comes in his glory, and all the angels with him, then he will sit on the throne of his glory. All the nations will be gathered before him, and he will separate people one from another as a shepherd separates the sheep from the goats, and he will put the sheep at his right hand and the goats at the left."

Matthew 25:31-33


"What will you do on the day of reckoning, and in the time of desolation which follows?  To whom will you flee for relief?  Where will you safeguard your riches?"

Isaiah 10:3


Stocks were choppy today ahead of the big tech after hours earnings announcements. 

Alphabet stole the show, capping good results with a massive share buyback.

Gold was off a bit, and silver was higher.

Copper and other raw materials are soaring.

The precious metals miners were trading heavily as JPM lowered targets for them.

The FOMC will be announcing their latest interest rate prognostications tomorrow afternoon.

This market is floating on easy money now.

Have a pleasant evening.