Stocks And Precious Metals Charts - $4 Trillion Triple Witch Option Expiration
And so the last and one of the biggest quarterly option expirations for 2022 comes to an end.
It was, all in all, a wonderfully obvious and heavy-handed wash and rinse of the nation's capital markets.
Stocks slumped and went out on the lows, totally negating the phony CPI head-fake rally from early in the week.
Gold and silver bounced off the drubbing they took yesterday in honor of the expiration.
The Dollar edged a bit higher.
The VIX fell.
And now we slide out to the end of this year on holiday volumes, but with plenty of room for lightly regulated shark tanks to move prices around as they will.
Are you not entertained?
Have a pleasant weekend.
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Stocks And Precious Metals Charts - Cycles Of Folly: Bubble And Bust, Wash And Rinse - Spin Cycle
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Disclaimer: These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from ...
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