09 August 2023

Stocks and Precious Metals Charts - A Daunting Landscape - Consumer Inflation Data Tomorrow

 

"God beholds you.  He calls you by your name.  He sees you and understands you as He made you.  He knows what is in you, all your peculiar feelings and thoughts, your dispositions and likings, your strengths and your weaknesses. 

He views you in your day of rejoicing and in your day of sorrow.  He sympathizes in your hopes and your temptations.  He interests Himself in all your anxieties and remembrances, all the risings and fallings of your spirit.

He encompasses you round and bears you in His arms. He notes your very countenance, whether smiling or in tears.  He looks tenderly upon you.  He hears your voice, the beating of your heart, and your very breathing.

You do not love yourself better than He loves you. You cannot shrink from pain more than He dislikes your bearing it; and if He puts it on you, it is as you would put it on yourself, if you would be wise, for a greater good afterwards.

God has created me to do Him some definite service; He has committed some work to me which He has not committed to another.  I have my mission — I may never know it in this life but I shall be told it in the next.

I am a link in a chain, a bond of connection between persons. He has not created me for naught.  I shall do good, I shall do His work.  I shall be an angel of peace, a preacher of truth in my own place while not intending it if I do but keep His commandments.

Therefore I will trust Him.  Whatever I am, I can never be thrown away.  If I am in sickness, my sickness may serve Him; in perplexity, my perplexity may serve Him.  If I am in sorrow, my sorrow may serve Him. He does nothing in vain.  He knows what He is about.

Let us feel what we really are — sinners attempting great things.  Let us simply obey God's will, whatever may come.  The more we do, the more shall we trust in Christ; and that surely is no morose doctrine, that leads us to soothe our selfish restlessness, and forget our fears, in the vision of the Incarnate Son of God.

May the Lord support us all the day long, till the shades lengthen, and the evening comes, and the busy world is hushed, and the fever of life is over, and our work is done.  Then in His mercy may He give us safe lodging, and a holy rest, and peace at last.”

John Henry Newman

Stocks slumped today.

VIX was flattish.

The Dollar chopped sideways again, finishing essentially unchanged.

Gold and silver took a hit on some early selling.

The US Consumer Price Index information tomorrow will likely be a market mover.

The doctor had some constructive things to report today.   

Although the short term will be inconvenient and annoying and a bit painful, specialists will be surveying the internals of my right eye, and if sound or even in need of some remediation, will be eventually implanting a lens.   And perhaps this one will be successful.

God's loving kindness and tender mercies are there, sometimes obscured by life's brambles, but always moving before us, leading the way.

Have a pleasant evening.