On Friday we mentioned the stealth melt-up in stocks — stealth because it was quiet and news-free.
And that’s exactly what we’re getting today. 0.4% moves day in and day out may pass quietly, but they’re pretty substantial. And when there’s no “good” news they don’t get a lot of attention.
Here we are right now, about 0.4% up on the S&P 500.
Meanwhile, there’s also a big run happening in the metals, including the industrial ones.
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