We were sporting some modest gains in the overnights but now we are back toward flat. The dollar is giving up a little ground, but rates are up a couple bips to 4.29%, they had hit 4.3% earlier.
Oil is the big loser this am, down over a buck back to $63.72. Crypto is mostly flat to up 1%, Bitcoin is flat.
Eco data today is moderate with durable goods leading the way, followed by Consumer Confidence and the Richmond Fed.
What’s it all mean? I have no clue other than volume is fading and our little market is even easier to manipulate. End of the month, algo-driven shares rule the day. Yesterday, they treated the shares decently. Today? Who knows.
