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Deprecated: preg_replace(): Passing null to parameter #3 ($subject) of type array|string is deprecated in /home/bestsoca/public_html/marketmakeredge.com/wp-includes/kses.php on line 1729 Market Update: Gold Surges As Bond Bulls Purge – Market Maker Edge Trading in Multiple MarketsSkip to main content
Gold has pressed up to almost $1,295 this morning – fresh 3-month highs – as silver and WTI crude also rise notably. The S&P 500 continues its inexorable USDJPY-inspired levitation (and is set for 1,900 by Monday morning at this rate) though remains negative year-to-date (for now) and a small roll-over in JPY is dragging stocks off their highs for now. US Treasuries are offered with the belly underperforming as 5Y reached 2-week highs at 1.56%.
The SPJPY 500
Gold is at fresh 3-month highs…
And Treasuries are worsening…
It seems Laszlo Birinyi was “off” with his timing call for 1,900 by end of June – at this rate we’ll be there by 4am Monday morning…
