and yet gold and silver are flat which is a slight comeback, but the shares haven’t budged off the lows.
Pretty weak on a good market up day and it looks like the SM correction is over.
I guess 4 Fed folks have spoken in the last 24 hours and all are saying “more hikes coming.”. No doubt in an effort to talk down inflation in the commodities markets. The stock market is calling the bluff and saying bullshit! You’re done with rate hikes.
Can throw a dart at the QQQ components and make a killing.
Funny how the pm market doesn’t fall in line with this thinking.