Stocks continued to levitate today, disconnected from reality, harnessed in service to the prevailing narrative of peace and prosperity. I have never seen anything this brazenly adapted to propaganda before.
The Dollar chopped around the lower end of the 98 handle.
VIX fell again. It is running on lipstick and lies.
Gold and silver were under a bit of pressure.
Bitcoin chopped sideways along the upper end of its trading range.
As you may have noted from the calendar we have been posting below, tomorrow is the stock index option expiration for April. Important, but not a triple witch which occur at the end of the quarters.
Have a pleasant evening.
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