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'One Bubble After Another': Bitcoin Bid, Semis Slip, Oil & Gold Dip

Tyler Durden's Photo
by Tyler Durden
Authored...

Tl;dr: After a long weekend - following an ugly week - stocks bounced (in their seasonally normal manner to start July) but early momentum/memory gains faded somewhat. Bitcoin bounced back bigly after early weakness (shrugging off the tech reversal on Trump comments). Bonds and the dollar whipsawed higher then lower to end unch along with oil. Gold down as ETF outflows continue.

Oil