[…] As a reminder we will have the end of the second quarter stock market option expiration this Friday.
Shenanigans are anticipated.
And shenanigans we had, as stocks came in slumping in fairly hard from the overnight into this morning.
But surprise, the major indices managed to take back the losses and finish with some outsized gains into the close.
Some of the big banking houses, somewhat preemptively I suspect, are ascribing this latest overdone rally to retail investors day trading on RobinHood.