Stocks and Precious Metals Charts – History Lessons Unlearned – Stock Option Expiration on Friday

from Jesse’s Café Américain

[…] After an initial rally attempt, stocks headed south, going out near the lows.

Gold and silver were under pressure most of the day.

The miners were taken out and beaten down to the lows.

There will be a stock index option expiration on Friday.

Please remember Tony Sanders of Confounded Interest in your thoughts and prayers.

He is in the hospital with Covid 19. Yesterday was touch and go, but today he seems to be responding well to treatment. We have come a long way in the last 10 months.

Please be mindful of the seriousness of these things, despite the nonsense that is being spread about the pandemic, among other things, by the well-meaning, ideologues, and opportunists.

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