Stocks And Precoius Metals Charts - Plus C'est La Même Chose - Stock Option Expiration On Friday

The US stock bulls were snorting out of their pens this morning, with their noses pointed up towards that stubborn overhead resistance, with a mind towards breaking through and over it.

And for a time today, they did. But alas, their efforts fell a bit short as their enthusiasm subsided into judicious profit taking by the robotic speculators and their manservants on Wall Street.

But tomorrow is another day. There will be an option expiration on Friday for US stocks that is of some significance.

The Dollar slumped a bit lower still, but gold and silver rallied a bit higher, with gold pushing up against an overhead resistance of its own.

 The US joined the rest of the world in grounding the Boeing 737 Max series. This had a significant impact on Boeing, a few suppliers, and some airlines like SouthWest whose fleets are heavily weighted towards that vehicle.

 The UK Parliament is falling all over itself in dealing with the Brexit situation. The deadline continues drawing closer.

I watched the movie about the Brexit vote starring Benedict Cumberbatch and thought it was rather good, although I have no idea how true to history that it was.

Brexit may prove to become a more comprehensive experience.

And there is little doubt that we here on this side of the pond are in store for a comprehensive experience or two, consequence-wise, of our own.

Have a pleasant evening. 

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