The fake jobs report better than expected so rates backing up decently today…calling into question how much rate cutting will be done…hitting markets in the pre-market. The 10 year has backed up 0.86 to 2.039…still ridiculously low. GOLD sinking on this news.
Instead of being long winded…we’ll just end it here and send you full report over the weekend. Remember, any pullback this second is a no biggie. If markets are to go higher, pullbacks are warranted and needed. But if biog distribution shows up, that will be another story we will tell you about. Hope you had a great holiday.