Loading ...Everything looks pretty good to start the day, except oil, which is down over 1/2% and has a $56 handle. Gasoline can keep falling and I don’t think anyone will complain. Bitcoin is roaring back, up 3K this am. The dollar is up slightly and rates are up 2 bips to 4.02%. SM futures look good too. Up around 1/2%
PM’s are rebounding nicely. spot shows gold up $7.20 and silver up $.24. However, that reflects the gains from the AH’s on Friday. When I look at GLD and SLV it looks a bit stronger. PM shares look strong too. Most sporting 1-2% gains in the early hours.
Almost like nothing happened in pm’s on Friday. If the pattern holds true, we’ll get a small move up today, and then really start to get going the next few days.
So far, so good. Kind of nice not getting all the gov’t. eco data reports, don’t have to worry so much about the associated shenanigans.