Stocks And Precious Metals Charts - Metals Option Expiration Tomorrow

Stocks turned in another dipsy-doodle day, with stocks plunging lower from the open, but returning to positive on the SP 500 and only slightly lower on the NDX.

Same-day wash and rinse. How modern.

Gold and silver moved higher, while the Dollar slid a little lower again.

Tomorrow will be an option expiration on the Comex for gold and silver.

Often we get a secondary gut check after the expiry, perhaps on Friday, for those lucky few whose in the money calls are exchanged for active futures contracts.

VIX continued to drift lower.  

We are so exceptional!

Have a pleasant evening.

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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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