SP 500 and NDX Futures Daily Charts - Clinkety Clack

The markets were again just futzing around, waiting to hear from the Fed tomorrow, or something else that will give them a catalyst for movement one way or another.

They are edgy, like a poker player, clinking their chips around while waiting to make some kind of move.

Have a pleasant evening.

Gold Daily and Silver Weekly Charts - FOMC Announcement on Wednesday the 16th

Today was a lightly traded day, with plenty of antics as the markets wait for something to act on, and if not, then anything the Fed might have to say on Wednesday.

The US dollar was a little higher, and the precious metals moved a little lower in a fairly deliberate two step.

It was generally a 'snoozer' of a day.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Little Conviction in ZombieLand

Stocks drifted higher during much of this very low volume, sleepy day.

They gave up the best of their gains into the close.

This is a market that is 'marking time' for a catalyst, perhaps the FOMC meeting on Wednesday the 16th.   There is little expectation that the Fed will do anything at this meeting, but traders want to hear what, if anything, new that they have to say.

Have a pleasant evening.