evening wrap

market vibes

September 25…) 

Another baby steps all-time high for gold on moderate volume today. Open interest rose 3000 on Tuesday. Silver and copper were a bit lower and very quiet. The Yen, Euro, GBP and long bonds were weak. CNH closed above 7. The VIX was unchanged. Stock indexes were mixed. The same equity names are up every day led by the boob whisperer.  

McDonalds and Walmart, feeding and clothing 20 million migrants.  

WMT having a so so  quarter +25%. Wild chart. New highs today as Kluger assured her Harvard audience the FOMC’s focus is to avoid unnecessary pain and weakness. That’s a quote.

Meta is +475% in 20 months. Totally normal. Stocks trade like beans and silver did in 1980. That’s a fact.

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