12pm update - higher dollar... bearish commodities

The USD has swung a fair bit higher across the morning, and that has put added downward pressure on the commodity market. Metals continue to slide, Gold -$15, with Silver -1.1%. Oil has lost the early gains of 1.3%, and is now lower by a rather significant -1.1%


GLD, daily

GDX, daily

Summary

*with the metals weak.. miners are getting smacked lower again. The 15/14s look due.
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The broader equity market though... no sell side.. merely continues in algo-bot melt mode... with a trio of new index highs. How much of the US market did the BoJ buy this morning?
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VIX update from Mr T.... not appeared... so here is something else....



Arguably far more important than where the equity market is headed... will Batfleck be any good?
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Ohh, and finally Mr T. does appear...

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time for a long lunch... back at 2pm