Happy Friday. My head is still spinning from all of the lager that I thought I should consume last night. It always seems like a great idea, drinking like a depraved degenerate, until the morning after kicks in and you need a fucking barrel of coffee to get your day started.
Crude is being chased higher again, now above $41. This is a short squeeze and it will end miserably for longs, in my opinion.
Gold hammered again.
Treasuries are edging higher too, as well as the dollar, with a moderate 0.3% gain v the euro.
Also, futures are higher. The weather is sublime. Markets are in bull mode. What could go wrong?
America is going to be great again.
If you enjoy the content at iBankCoin, please follow us on Twitter
Is PPT signaling for OB on oil?
What are PPT and OB?