The stock futures had a serious plunge down to their lows at about 3:50 PM today, but then recovered to come back to their gradual lift off the lows. After the bell the futures fell back down again sharply.
Certainly interesting and worth noting.
Silver was just hammered today, ahead of the option expiration for the silver May contract option expiration on the Comex on the 27th. I posted this chart regularly for the last few days.
VIX did its usual bipolar boogie woogie.
The Dollar has been chopping sideways in a trading range for quite some time.
As you may recall I have highlighted the antiquated composition of the DXY index many, many times in the past going back to my old site in 2003. It is heavily weighted to the world after the Bretton Woods agreement, with the appropriate alterations for the introduction of the euro.
Although there are better, more up to date trade weighted indices, this is the one that Wall Street trades.
We are heading into what may turn out to be a significant weekend. Israel wants to resume their military operations against Iran/Lebanon quite badly.
Trump sees himself falling into a snare that is likely to cost his party quite a bit, given the lack of any benefit to the US for this.
Have a pleasant evening.
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