Stocks were doing well today as investors continued to pile into the 'relative safety' of the small caps of the Russell 2000.

Big cap tech put its moonshot in place, but fell off into the close.

The Dow continued its string of losses, the longest since March 2017.

This may be late stage blowoff top action. We'll have to keep an eye on where we go with this next.

The market was cheered that Trumpolini signed an order putting some modification into the wholesale separation of immigrant children from their parents. The manner in which he phrased the words around this were interesting. Like Obama he seems able to look at something that he has done, and address it in the non-involved third person.

The Dollar was a little higher with gold and silver off a bit.

I was a little surprised to see the dual drop in gold marked available for delivery on the Comex. It dropped almost in half to only 230,000 ounces. This matches up with a similar drop in the gold in the inventory in Hong Kong. Let's see what happens next there. I will be curious to see what amount of gold shows up in Hong Kong to meet delivery demands there.

There will be an option expiration next week on the Comex, that is not likely to be consequential for gold. August is the month for gold trading action.It may be of more interest for silver.

Bloomberg had some transmission problems in my area in the last hour, and so I flipped over to CNBC. Now I recall why I had stopped watching that infomercial channel some time ago.

Need little, want less, love more. For those who abide in love abide in God, and God in them.

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