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The Everything Rally

IMG Auteur
Published : April 16th, 2021
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Category : GoldWire
Stocks were on a tear today with the SP 500 and the Nas100 setting new highs.

The big cap techs were leading the way.

Gold and silver rallied strongly as well, running up to the overhead resistance that marks the top of the current trading range.

The Dollar was off a bit.

Despite very good economic news Treasury yields were off a bit.  

This was the major catalyst for the rally.

Tomorrow will be the option expiration.

Stocks look extended.  They can get even more extended.

Have a pleasant evening


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