Commercials shorted another 28,000 odd contracts overall,which is becoming concerning.
Gold on Friday night seemed to anticipate the dollar movement,without interference for once,or maybe twice.
Gold is still stuck in the starting gate.The problem here is when the gate opens,which way will the jockey be facing.
Sell in May and go away they say.Didn't work last year.Might work this year twice as good.
The FED and the rest of the Central Banks are pushing on a string.
As a general rule stocks and Bonds do not rise together at this rate
When Yields move negative Investors are scared.
The Bond market is the indicator of the economy not the stock market.
When investors will pay Governments to hold their money rather than put it to work in the stock market in search of a positive return,We can't be far away from seat belt time.