Loading ...the QQQ’s have come back and are now on their way up. Silver seems to like that development as it’s just shy of flat.
Surprisingly gold hasn’t moved, been in a $10 range since 0400 am. Shares continuing to firm up. HUI will have a nice pop at the open if nothing much changes. Can it hold and head back above 400?
Dollar still weak. Rates down 4 bips. Bitcoin down 1%. Oil up 1.5%
Don’t know what you guys are seeing but gasoline in our area jumped right back up from $2.95 to $3.10. Not sure why, I know distillate inventories were negative – close to 5 million barrels. I wonder if this administration has any plans for a new refinery or three. We could use them.
I said retail sales earlier, it’s the durable goods report that has come out. No real impact on anything other than silver has been hit for a dime.