Gold and silver were off a bit today, along with the US dollar, and crude oil.
Stocks had another volatile, wide-ranging day that managed to finish closer to unchanged than not.
Nice rescue guys.
As a reminder, there will be a stock option expiration on Friday.
I don’t sense a lot of fear in this market, or high conviction buying either.
It’s generally all a game in the short term, but now thanks to the Fed and the regulators and the toads in the government it’s all fun and games now.
We may be getting to the point when the games lose their energy, and the apogee of control fraud to the upside has been reached.
Like the systems programmer said, ‘CICS keeps getting harder to find’.
Have a pleasant evening.
