Loading ...Probably an important day at least in the short term for our pm’s going forward. We’ve got the PCE numbers out in about an hour, supposedly the “most-watched” Fed numbers. Pretty much everything in all markets are higher, PM’s, Oil @ $82.50, dollar, rates, SM, etc. Bitcoin is flat.
I never like when pm’s are up going into a number. I think it’s safe to say that after numbers are released, pm’s usually get shredded if they are perceived as being dollar friendly. That happens about 100% of the time, so no need to get happy just yet as this is likely a siren call trying to get buyers to come in before they pull the plug.
If we do somehow have a decent day, it would be a nice way to end the week after staving off $2300. We’ll see.
Looks like the Demons have thrown in the towel on Biden. Duh. I thought Trump was so calm and collected, no fireworks with the moderators or Biden as I would have maybe expected, at least that I saw in the clips.
Hopefully pm’s will be as surprising this am as Trump was last night.