Gold and especially silver took a hit today, which was their options expiration on the Comex.

What a surprise.

Gold *might* be setting an inverse head and shoulders bottom.

Let's see how it makes it past the FOMC announcement tomorrow, and then the rest of the week.

Stocks were in rally mode as the dread coronavirus was eradicated by the attention deficit syndrome of the Wall Street spin machine, powered by hot money and greed.

The expectation of a 'Fed put' under the market is strongest I have seen since the tech bubble and Greenspan, the poster child for moral hazard.

Have a pleasant evening.

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