Monday, stocks lost 3.3% in Asia but gained 0.7% in Europe and 1.4% in the U.S. on 21B shares traded. Precious metals fell 1%, but their miners shot up 4%. The Dow closed above its 46,000 benchmark. Apple ended above its 250 benchmark.
Tuesday, stocks rose 1.6% in Asia, 0.4% in Europe, and 0.3% in the U.S. on 19B shares traded. Precious metals rose 1%.
Wednesday, stocks advanced 1.9% in Asia, 1.4% in Europe, and 0.7% in the U.S. on 17B shares traded. The VIX fell 6% to close at 25.33. Precious metals and their miners gained 3%. The NYSE ended above 22,000.
Thursday, stocks fell 1.5% in Asia and 1.3% in Europe and the U.S. on 17B shares traded. The VIX gained 8% to end at 27.44. The 10-Year U.S. Treasury bond yield rose 2% to end at 4.42. Precious metals and their miners plummeted 5%. The Dow, S&P 500, and NYSE closed below their respective 46,000, 6500, and 22,000 levels. Here’s more scientific data that refutes those who worship at the altar of man-made climate change.
Friday, stocks dropped 0.7% in Asia, 0.9% in Europe, and 1.0% in the U.S. on 18B shares traded. The VIX shot up 13% closing at 31.10. Precious metals and their miners each gained 4%. The NASDAQ closed below its 21,000 benchmark while the S&P 500 ended below 6400. Apple ended below its 250 benchmark, and IBM closed below 240. Present precious metals weakness offers an opportunity to add to mining and streaming positions.