Sedated trading overnight, someone must have adulterated the Chairman's evening prunes. Muffled activity should also remind us that one never shorts a dull market. Even the facts are flabby and slack...GSR is essentially unchanged to an oh so slightly elevated ~38.00...RSI at ~58.00 has lost it's springy gymnastic technique...gold open interest continues to confound as the Wednesday number was down ~5,000 contracts to a detumesced 487,000 total; are they sellers or short coverers? Today: CNBC has the countdown clock on for NFP coordinated with prophetic hawkish palaver from FED acolytes. The recovery is certainly on, just understand that the stimulus goes into winners not losers.
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