There’s some eco data out at 0830 EST that could shuffle things around that will likely indicate more stagflation.
Regardless, our pm’s are doing OK for now and we’ll see if the scum battles for $2350. I would sure hope not, but they probably will. They are bloodsuckers. The wait for $50-100 up days will most likely continue. It’s odd to me that we went from being in this sustained, short crushing move higher to sort of blah, no excitement, normal market in a matter of a week and a half. Doesn’t seem normal that we’re raging and then all of a sudden there’s no real interest?
Regardless, shares should tell the tale.
Dollar up a little, oil flat, Bitcoin flat, rates flat. SM, especially tech up nicely. We’ll see if it stays this way in an hour or so.