Whilst US equities have cooled a little from earlier highs, there is notable strength in the precious metals. With the USD -0.4% in the DXY 96.50s, the metals are seeing some natural upward pressure, Gold +$27, with Silver +4.5%. Oil remains u/c though... but holding within a broader upward trend.
Little to add.
I'm beyond tired of seeing borderline hysteria on any down swing of 0.5%.. its frankly lame.
We're now at the stage where if the market is not breaking a new historic high every few hours, the top callers have the guile to crawl out of the trenches.
Incredible denial... and no doubt, it will only get worse.
notable weakness: Dow stocks: MCD -1.7%. HD -1.3%