Stocks and Precious Metals Charts - Let's Do the Hustle - Non-Farm Payrolls on Friday

 

"The real conflict is the inner conflict.  Beyond armies of occupation and the catacombs of extermination camps, there are two irreconcilable enemies in the depth of every soul: good and evil, sin and love.  And what use are the victories on the battlefield if we are defeated in our innermost selves?” 

Maximilian Kolbe

 

“Judging others makes us blind, whereas love is illuminating. By judging others we blind ourselves to our own evil and to the grace which others are just as entitled to as we are.” 

Dietrich Bonhoeffer

 

“One reason we rush so quickly to the vulgar satisfactions of judgement, and love to revel in our righteous outrage, is that it spares us from the impotent pain of empathy, and the harder, messier work of understanding.” 

Tim Kreider

"And they cried to the mountains and the rocks, 'Fall on us, and hide us from the face of the one who sits on the throne, and from the judgement of the Lamb.'" 

Revelation 6:16 

 

"The most important problem in the world today is your soul, for that is what the struggle is all about." 

Fulton Sheen

 

Never allow someone to bring you so low as to hate them, said Martin Luther King.

It is one of the great ironies of life that, over time, we become what we hate.

The SP500 took the huge negative miss in the ADP Jobs Report this morning in stride, and managed to add to their rally a bit, particularly in the afternoon.

The tech heavy NDX not so much, although it did take back much of its earlier losses.

Stocks still look a bit wobbly, after what could have been just a relief rally.

Gold and silver drifted higher, as the Dollar slipped off the 96 handle. 

Caution is advised especially for equities which remain volatile.

Let's see what Friday's Jobs Report brings.

Even if only in small and simple ways, even if seemingly unnoticed, walk with the angels, for His sake, and for your own.

This is what the struggle is all about. 

For in the end, the only real tragedy is not to have been a saint.

Have a pleasant evening.

 

 

 

Stocks and Precious Metals Charts - Hearts of Darkness

 

"We suspect strongly that history will view the last 20 years as a period of collective madness in the United States.   It is a madness brought on by the gods to the proud and those who would be as gods, but stumble and fall through a tragic flaw, an error in judgement.  Often that flaw is related to the strength that had made them great.  The US can fall from greatness through pride and imbalanced judgement, and therein lies the recipe for tragedy."

Jesse, 15 April 2008 

 

"What I have called  the trousered ape and the urban blockhead may be precisely the kind of man they really wish to produce.  They may be intending to make a clean sweep of traditional values and start with a new set." 

C.S. Lewis, The Abolition of Man

 

"These are peoples that have lost the power of astonishment at their own actions. When they give birth to a fantastic fashion or a foolish law, they do not start or stare at the monster they have brought forth. They have grown used to their own unreason; chaos is their cosmos; and the whirlwind is the breath of their nostrils.  These nations are really in danger of going off their heads en masse; of becoming one vast vision of imbecility, with toppling cities and crazy countrysides, all dotted with industrious lunatics.” 

G.K. Chesterton, In Defense of Sanity 

 

"Your adversary, the devil, prowls the earth like a roaring lion, seeking those whom he may devour." 

1 Peter 5:8

 

"Do you think he is so unskillful in his craft, as to ask you openly and plainly to join him in his warfare against the truth?  No; he offers you baits to tempt you.  He prompts you what to say, and then listens to you, and praises you, and encourages you.  He bids you mount aloft.  He shows you how to become as gods.  Then he laughs and jokes with you, and gets intimate with you; he takes your hand, and gets his fingers between yours, and grasps them, and then you are his." 

J.H.Newman, The Times of Antichrist

 

Stocks rallied today as some Fed heads sought to reassure the markets that their action would not be excessively bubble-unfriendly. 

The Dollar fell again.

Gold and silver rallied in the morning, but fell in the afternoon trade to maintain some thinner gains.

The VIX dropped.

There are numerous earnings reports this week.

Non-Farm Payrolls on Friday.

 Let us commend ourselves to the mercy of God.

Have a pleasant evening.

 

Stocks and Precious Metals Charts - Shenanigans Watch - Bulls Rally, Non-Farm Payrolls Friday

 

"And crying out with a loud voice, the man said, 'What business do you have with me, Jesus, Son of the Most High?   For God's sake, do not torment me.'   For Jesus had said, 'Come out of the man, unclean spirit.” 

Jesus asked, 'What is your name?'  And the spirit replied, 'My name is Legion, for we are many.'  And the spirit begged him not to banish them. 

Now a great herd of pigs was grazing on the hillside, and the spirits begged him, saying, 'Send us to the pigs; let us enter them.'   So he let them.  And the unclean spirits came out, and entered the swine, and the herd, numbering about two thousand, rushed down the steep bank into the sea and were drowned." 

Mark 5:7-13 

 

Stocks were in rally mode today as the Street shook off all its concerns from last week, and let the good times roll.

The Dollar and the VIX dropped from their recent highs.

Gold and silver rebounded a bit from the pummeling they took last week.

There will be a Non-Farm Payrolls report on Friday.

It is anticipated to be weak, because the numbers were reported during the height of the recent surge in the omicron variant of the Covid virus.

Have a pleasant evening.