Stocks had yet another ranging day, wobbling around their record highs.

Or at least highs for the indices, if not for the bulk of the market.

Narrow rallies like this either broaden out on fundamentals or suffer violent corrections.

VIX fell.

Gold and silver rallied.  

They are just sweeping back and forth in a range for now.

The Dollar is just chopping.

US markets will be closed tomorrow in observance of Juneteenth.

On Friday there will be a major stock option expiration.

Have a pleasant evening.

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