Stocks and Precious Metals Charts – FANG’d

Jon Blogosphere, Economy, Fiscal Policies, Market Commentary, Precious Metals

“Und der Haifisch, der hat Zhne
und die trgt er im Gesicht
und Macheath, der hat ein Messer
doch das Messer sieht man nicht.”
Berthold Brecht, Die Moritat von Mackie Messer, 1928
The results after the bell last night from the usual big cap tech suspects lit a fire until the Nasdaq 100, as you can see from the chart below.
That is the look of real pain for the big cap tech bears.
There will be an FOMC meeting next week. President Trump has also indicated that he will be naming the next Fed Chair.
And as usual with the beginning of a new month, we will be having a Non-Farm Payrolls Report on Friday November 3.
Have a pleasant weekend.

This post was published at Jesses Crossroads Cafe on 27 OCTOBER 2017.