Fedlines Spark Jump

For once, the release of the FOMC fedlines has prompted a spike and rally in CDG and CDS. Will it continue through the afternoon and into tomorrow? It all depends upon what Jerry has to say in his presser.

A change of plans today as MrsF has informed me that I need to be ready to leave for the day within the hour. As such, there’s no time for a complete podcast. Instead, just this summary ahead of Jerry’s appearance.

Prior to the 2:00 pm ET fedlines, it was nothing but straight up AlgoHell on Comex. The POSX rallied and The Machines sold CDG and CDS. Fundamentals? What…

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