Gold, a few of the shares at 52-week highs. They’re even allowing NEM to go up. Impressive, in the face of a lower SM, higher dollar and slightly higher rates. Bitcoin also down.
The PPI was a huge miss. Much lower than expected, even some negative numbers. Food & Energy -0.1% and services -0.2%
If this continues it would surely open the door for the Fed to lower rates, and you can bet Trump will be pounding on them.
Hopefully we can hold these gains all day. Always a concern.