Dow 11,434.84 +219.71
Nasdaq 2,577.34 +37.07
SP500 1,221.06 +23.10
Indices opened with a gap higher and held the gains. Dollar opened lower and made a feeble recovery attempt. The inflation and risk trade is on.
GLD 136.03 +4.46 (3.39%)
SLV 25.63 +1.38 (5.70%). Huge day in silver. Expect a further pop on short covering.
PTM 21.10 +0.94 (4.66%)
XLE 62.00 +1.91 (3.18%)
XLF 15.23 +0.49 (3.33%)
VXX 11.26 -0.81 (6.71%). Another big down day.
EVOGF 0.88 -0.01. Relative weakness when other miners were up (some up big).
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