25 June 2021

Stocks and Precious Metals Charts - We Hope You Will Enjoy the Show - Non-Farm Payrolls Next Week


"Then the rich man said, ‘Please, Father Abraham, at least send Lazarus to my father’s home. For I have five brothers, and I want him to warn them so they don’t end up in this place of torment.’

But Abraham said, ‘Moses and the prophets have warned them. Your brothers can read what they wrote.’ 

The rich man replied, ‘No, Father Abraham! But if someone is sent to them from the dead, then they will repent of their sins and turn to God.’ 

But Abraham said, ‘If they won’t listen to Moses and the prophets, they will not be persuaded, even if someone rises from the dead.’” 

Luke 16:27-31 

 

Stocks traded like it was a Friday in summer, with a lazy, lackluster action, weighed down a bit by the big cap techs. 

Gold and silver were capped, again. 

The Dollar chopped sideways under the 92 handle. 

Next week will be the end of the second quarter.

The outlook will be cloudy with a chance of more shenanigans, and paint on the tape.

Complicating matters a bit will be a closely watched Non-Farm Payrolls report for June, on the start to the 4th of July holiday weekend.

Let's see what happens.

Have a pleasant weekend.