Stocks And Precious Metals Charts - Stocks Option Expiration

By Jesse of Jesse's Cafe Americain

Monday, June 17, 2024 7:09 PM EDT

It was risk on all the way today, as equities caught their footing and then rose almost relentlessly higher.

If there is anything to spoil the bullish scenario it is the very narrow nature of the advance, with a handful of story stocks providing most of the gains by far.

This has been going on for a while. And historically these things can run on for a while until something happens to upset the scenario, to disrupt the flow of what is essentially a long con.

As a reminder, there will be a quadruple witch stock option expiration on this Friday.

Gold and silver pulled back a bit along with the Dollar, a sure sign of a risk on impulsive move.

Have a pleasant evening.

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