That’s pretty much all we get anymore is very “small victories”. Why would anyone want to jump on pm shares when anytime they open higher they spend the rest of the day being drip sold down?
Pretty much the same with G & S. Highs are made in the first half hour and then are dripped lower all day.
If anything is positive it’s that pm’s are up a little with the USD stronger.
Here’s what I don’t get, with the SM rallying hard, why aren’t bonds selling off hard and yields rising hard?
The whole thing gets more ridiculous by the day.