As investors once again anticipate a near-ZIRP environment, keep an eye on defense names and gold.
If this latest market move celebrating the Fed's dovishness is a sustained uptrend, then there will be underlying support fairly fast.
The indices are gapping higher in the early going Thursday morning as the market continues to celebrate a dovish Fed.
A dovish Fed will weaken the dollar, which will weaken gold, and vice versa.
The long wait is over.
KL is off to the races with the pop in gold.
Antitrust is the big concern for the big cap technology names.
A weaker dollar would give the gold market a push.
Swans are graceful creatures. This one is going to gracefully place a minus sign in front of your P/L.
The action Thursday did little to change the big picture.