
Doomberg's Market Commentary on Today's Big Reversal and a Dwindling Petroleum Reserve
Mining Stock Daily
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Introduction
Mining Stock Daily is back with some market commentary to end our day. We're welcoming back our green feathered friend, Domburg for today's commentary. CPI came out this morning hotter than projected we saw the markets really tumble immediately after that print at I guess it was 830 New York time but what was about a 3% loss on the NASDAQ turned out to be a 2% gain as we speak. When you see large intraday swings like this and there's no obvious headline our Spidey sense starts tingling a little bit that maybe there might be some central bank intervention going on behind the scenes.
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