Stocks dipped down close to key support, and then managed to bolt back up and higher after the European close.
British politics were roiling the markets and especially the ‘cable trade’ in the pound-dollar cross, as a series of resignations has called Prime Minister May’s government into question.
Gold and silver drifted slightly higher along with the Dollar.
Tomorrow is a stock option expiration.
We have had our first snow of the season today. It started a little after noon and is still snowing quite steadily and accumulating about two inches so far. We are looking at a possible changeover to sleet or freezing rain later on.
And of course, they were ransacking the local supermarket. Unfortunately, I thought I was beating the rush, but they let the kids out of school early so I had to navigate the turmoil. lol.
Have a pleasant evening.