The Fed is continuing to add liquidity to the markets, and with light volumes it remains relatively easier to subsidize a soft lift to the market throughout the day.
Nice volatility for short term trading, but otherwise a treacherous market.
Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942