Stocks managed to extend their rally once again, on more fog and puffery from the Administration on a settlement to the conflict in the Middle East.
And they fell back again on more reports that Iran disavows the things that have been said.
This must surely be the oddest negotiation that I have ever witnessed, or even heard of.
Gold spiked quite hard today around 11:00 AM EDT. It gave back a some as the day wore on, but managed to hold on to an additional gain.
You may have noticed that when we get this hard selloffs into significant contract months option expirations, after a day or two of additional shenanigans we get a sharp rally back as the equilibrium of the market attempts to reassert itself.
Silver was content to wallow around.
Bitcoin managed to hold on to support and break its recent decline from a failed breakout attempt.
VIX is complacent, which is odd but in line with recent fashion in the world of the power elite.
Have a pleasant weekend.
Comments
Log in or sign up to join the conversation.