Apparently the economic GDP data this morning was a bit too good, but the financial report from chip titan Micron MU was just too bad, as in laying off ten percent of their workforce bad.

A little good, a little bad. And so the markets dumped hard.

The Dollar edged up slightly.

Gold and silver were just hammered.

Most of the markets came back off the intraday lows and finished up at some reasonable support level.

A classic wash and rinse in the traditional Santa Claus rally space.

Is there some lesson for us here?

What will the masters of the universe think of next?

Have a pleasant evening.

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