[…] It was a risk on day today, with the prospects for risky assets rising higher on a wave of hot air.
The NDX was a huge non-confirmation of this latest rally, as the futures actually finished unchanged. The SP futures did better but still gave up much of their gains.
Gold was hit hard as expected for a key futures month in option expiration. Silver gave up its gains and finished in the red as well.
The Dollar was lower.
Today was an excellent example of the deep and cynical corruption of the financial system, overfunded and underregulated.