Stocks And Precious Metals Charts - Let Justice Roll On - Stock Options Expiration Tomorrow
Some markets caught a bid today, compliments of a cleverly dovish Monsieur Draghi of the ECB.
The ECB head has announced the beginning of the end for their quantitative easing program. But then he very dovishly added that he does not see interest rates increasing until some time after the middle of next year.
Equities were led higher by big cap tech. Apparently the Street is cheered by the valuations which, although they are high in the mid 20's range, are not as high as they were at the peak of the tech bubble at the latest turn of the century.
Gold and silver were up despite a sharply higher Dollar. Merci, Monsieur.
There will be a stock options expiration tomorrow.
If only the markets were the real economy.Then they could make everything just fine.
As it is, despite all the good news and our fearless leaders birthday, I have a really bad feeling about how this is all going to end.
Need little, want less, love more. For they who abide in love abide in God, and God in them.
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None.
LOL just wait until a weak Euro country threatens bankruptcy and the QE starts again. Once it starts it's almost impossible to stop using it.