Loading ...Silver is a joke as usual. The shares are getting hammered with the SM. Gold was up 5 minutes ago and now they are smacking it right back below $3100.
At least on a relative basis, gold looks good, a lot of volatility but still solid.
Can’t believe how some of the other markets look. Oil has fallen $10 in two days, down to $61. The 10 yr has fallen 30 bips all the way down to 3.89%.
Is it possible that deflation will become a concern?
Dollar is flat. Bitcoin down 1%
Wouldn’t be a big surprise if the SM came racing back today. The QQQ’s will open with an RSI in the 20’s and is well below the 200 dma as it enters the official bear market, down 20%.