11/13/2025
Monday's open created a gap up. The major indexes INDU SPX NDX all filled that gap today. Most were down 2% or more. Is this just a normal reaction or pullback from a new high, or the start of something bigger? The next few days will tell but at least this is a start, and on no particluar negative news.
Gold and silver pulled back but that seems reasonable given the big jump Wednesda, if not my jump to the long side, on a minor position, was wrong.
The two year Treasury yield did nothing, so no report there. Oil remains stalled around $60.
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