UPDATE: Trannies and Industrials are now red...
Gold has pressed up to almost $1,295 this morning - fresh 3-month highs - as silver and WTI crude also rise notably. The S&P 500 continues its inexorable USDJPY-inspired levitation (and is set for 1,900 by Monday morning at this rate) though remains negative year-to-date (for now) and a small roll-over in JPY is dragging stocks off their highs for now. US Treasuries are offered with the belly underperforming as 5Y reached 2-week highs at 1.56%.
The SPJPY 500
Gold is at fresh 3-month highs...
And Treasuries are worsening...
It seems Laszlo Birinyi was "off" with his timing call for 1,900 by end of June - at this rate we'll be there by 4am Monday morning...
Charts: Bloomberg





