Markets closed flat to up in light and mostly boring pre-New Year’s trading. Nasdaq was up .45%, pushed higher by tech stocks.
Semiconductors continued their run into the end of the year, with the PHLX up 1.22%:
Crude closed at $53.84, up 1.55%. Too bored to even post a chart. Imagine one.
Gold and related stocks did well today, continuing it’s recovery from an 8 month low on 12/7. Perhaps accelerated German repatriation and Indian confiscation are coinciding with reversion to the mean?
Speaking of India, Bitcoins are also surging, up 2.7% to $927.20. Google searches in India for “Buy Bitcoin” have spiked in the last year in advance of demonitization, so not surprising.
Things are quiet… too quiet. Are we all just playing a dangerous game of Dougie?If you enjoy the content at iBankCoin, please follow us on Twitter