Stocks And Precious Metals Charts - Eenie, Meenie, Chili Beanie

As a reminder, we will have the end of the second quarter stock market option expiration this Friday.

Shenanigans are anticipated.

And shenanigans we had, as stocks came in slumping in fairly hard from the overnight into this morning.

But surprise, the major indices managed to take back the losses and finish with some outsized gains into the close.

Some of the big banking houses, somewhat preemptively I suspect, are ascribing this latest overdone rally to retail investors day trading on Robinhood.

Given that retail is about 3% of the volume in stocks these days seems to be a bit much.

But whenever the wiseguys start pointing the finger-like this, one braces for the thrilling finish.

Gold and silver took a hit fairly hard. And purposefully I also suspect.

June is a big metals month, and shaking out the weak hands is the order of the day.

I picked up a miner position early this morning, and let it go with too nice a profit to let go by this afternoon.

I don't like to do this, but when it happens it happens.

Donny is done. Stick a fork in him.

And the corrupt money may be preparing to exit later this year, flush with big bucks all the way, stage right.

Stay flexible, and don't feed the sharks.

Especially with yourselves.

Have a pleasant evening.

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