TFMR Podcast – Wednesday, June 18

The Fedlines were mostly benign and the Comex PMs responded positively but once ole Jerry started flapping his gums, the POSX began to rally and the algos took it from there. So we enter an odd Thursday US market holiday a bit on our heels ahead of the NYSE option expiration that is pending for Friday.

For today, though, time to wrap up and then take tomorrow off. I’m not planning anything more than one simple open thread for tomorrow as I enjoy a day off, too. However, events can conspire to ruin those plans so stay tuned and hope for the best.

For today, a discussion…