Bit of a dip the last few days but it doesn’t look like a top to me.
We will see what the Fed has to say tomorrow but chances are slim we get another rate hike so quickly after the hike in December.
Gold is acting great and being led by silver, BUT, we do have to see what the Fed says tomorrow.
So often we see gold strong around, and after Fed speak, but the strength doesn’t last long.
That, coupled with Chinese New Year has me thinking the metals strength is suspect.
AAPL reported solid numbers and is up about 3% this evening and this should be nothing but good for stocks going forward.
SPY continues to hold onto the 21 day average well and is not telling me that any sort of correction is due.
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