Stocks And Precious Metals Charts - What A Surprise - Metals Smacked Hard For Option Expiration

Stocks managed to extend their rally in the big names. 

Goldman turned in 'stellar results' from their trading.

Maybe Kaplan's trading book which he kept with them helped.

The broader stock market in the Russell 2000 not so much. 

The Dollar was unchanged, just hovering below the 94 handle.

Gold and silver were hammered because -- well it was a stock option expiration.

The VIX was lower.   

Today was a 'risk on day,' deluxe. 

Let's see if stocks can bravely soldier on.

And if the wiseguys can keep the precious metals under wraps.

I almost took a position in the metals today but I wanted to see how things went on Monday.

The heart of the problem is the same as it has been throughout most of history: too much power in too few hands. 

Have a pleasant weekend.

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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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