Stocks were having another wide-ranging day, shoved higher and lower by the hot winds of greed and fear.

Greed seemed to prevail, as stocks went out nearer to the highs of the day.

After the bell, Facebook announced its earnings. We will have to wait for the conference call to see how those chips may fall, although the Street was cheered somewhat by the initial numbers.

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

Gold and silver were weakly traded today with the Dollar rising higher, and the split personalities of the market were vacillating between risk on and risk off.

The stores of ounces of physical gold for ready delivery in Hong Kong has dropped to a rather low level again. The registered gold in NY is not very robustly supplied either, at least at these prices.

Have a pleasant evening.

Print Friendly, PDF & Email