Stocks gave up a bit of their rate cut frenzy from last Friday.

VIX however opened higher, but then dropped off as the day wore on.

The Dollar took back its rate cut sympathetic decline.

Gold and silver gave something back as well.

Tomorrow is an option expiration on the Comex for the September futures contracts. 

It is not a big contract month for gold, but more so for silver.

Still, its a good time for the wiseguys to run stops and engage in their usual shenanigans. 

Bitcoin got smacked back down to 110,000 again. It looks like some large holders are 'diversifying' out of it. Its a market that is easily moved, as it is founded in momentum.

If it breaks 100,000 and holds it, look out below.

Have a pleasant evening. 

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