Stocks Move Still Higher

Monday, stocks fell 0.7% in Asia and 0.3% in Europe but rose 0.3% in the U.S. on 12B shares traded. Here’s news that Costco is now selling gold bars to its customers.

Tuesday, stocks closed down slightly in Asia but gained 0.4% in Europe and 0.9% in the U.S. on 12B shares traded. Precious metals gained 1% and their miners rose three times that amount. NASDAQ closed above its 15,000 level.

Wednesday, stocks rose 0.7% in Asia, closed up slightly in Europe but fell 1.6% in the U.S. on 13B shares traded. The VIX moved up 9% to end at 13.67. Precious metal miners fell 2%. The NASDAQ and S&P 500 indices ended below their respective 15,000 and 4700 benchmarks.

Thursday, stocks fell 0.3% in Asia, slightly in Europe but gained 1.2% in the U.S. on 11B shares traded. Precious metals gained 1% and their miners advanced twice that amount. The S&P 500 index closed above its 4700 benchmark.

Friday, stocks closed little changed in Asia and Europe but gained 0.3% in the U.S. on 10B shares traded. The VIX fell 5% to close at 13.03. Finally, the Federal Reserve balance sheet declined 16B to 8.72T.

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