Just apparently not today with $3600 and $41 breached. Pretty amazing as the metals were down all night until a short time ago. Someone has decided to come in and buy plat and pall, so maybe that’s giving us a boost.
The dollar is flat, but rates have reversed course and are now down a bip after being up earlier. Bitcoin is flat. Oil popping back up 1.5%. SM up a little.
PM shares are up again with the metals. It appears they are the new darlings of the SM. Hard to imagine what they’ll look like if some real volume starts chasing.
Consumer credit is the only eco data today, not a big market mover.
This appears to be what we’ve been waiting for all these years.
