SM futures are strong this am. Blackrock engineering yet another short squeeze in tech. PM’s are also strong this am although it’s early still.
Oil is strong. Wondering if it’s because Israel retaliated against Hezbollah? Wars have been good for the SM for a long time. Also wonder if that’s why the little bump in pm’s too.
Other than that. We have the most important Fed meeting since…..last month. The ridiculousness of following the money masters and their every whim.
Some eco data early – the ADP report. Chicago PMI’s which will beat because the bar is set so low. Not only a Fed meeting today but a Jobs report on Friday, the two things gold bugs fear the most in the same week. 🙂
Dollar is down a little. Bitcoin flat, rates flat.
The wheels on the bus go round and round…