U.S. equities fell after a early morning attempt to seek higher ground by the bulls. Currently the DOW is off 38 bones which is roughly 30 points off the lows.
Gold, silver, and copper are flat. Oil has swung from positive to negative territory sitting flat right now near multi month highs.
The Yen and Euro lead against the dollar. The dollar is still holding above 80.
Profit takers have capped the markets from grinding higher, but selling is light and with 7 year intraday highs on the S&P it feels like we may be bot into the close thanks to Bearded Clam Physics.
Rule #1 Don’t fight the Fed.
Rule #2 In addition to remembering rule #1 understand that the whole planet is on the same page.
Rule # 3 Make hay while the sun shines.
