Loading ...Doesn’t seem we’re all that overbought just yet, but the HUI sort of tapered off yesterday after making new highs. It’s funny, some of the shares are overbought and some not. The rising tide hasn’t lifted all boats so far, but a lot of them.
Dollar bouncing this am, but rates are flat. Everything is pretty much flat. SM showing meager gains, but still on shaky ground.
I guess the scum could play the HUI as a double top, and give us another short, quick death drop. Although I doubt it would last for more than a couple days unless the metals got seriously pounded.
The Fed meeting snuck up on me. Didn’t realize they were even scheduled this week. Don’t think they’ll do anything to help the economy in terms of cutting. Are they irrelevant yet?