Stocks were slumping after a wide ranging session on the futures markets, as is customary for a triple witch option expiration these days.

Valuation are cut loose from their moorings in any sort of rational model connected to reality.

The pricing of bitcoin is the emblem of our time, as tulips had been the symbol of a prior market bubble.

Gold and silver had the usual ride as well, finishing up a bit mixed on the day.

The Dollar was choppy as well.

VIX remains largely complacent, hovering around its longer term moving averages.

Have a pleasant weekend.   

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