Turn Out the Lights, the Party's Over - Options Expiration on Friday

“You felt secure in your wickedness.
     ‘No one sees what I do,’ you said.
But your ‘wisdom’ and ‘knowledge’ have led you astray,
     and you think, ‘I am the only one, and no one else matters.’

Disaster will overtake you,
     and you won’t be able to charm it away.
Misfortune will descend upon you,
     and you won’t be able to buy your way out.
A catastrophe will strike you suddenly,
     one for which you cannot prepare."

Isaiah 47:10-11

Stocks finished slightly higher today, after hitting new highs early but then giving most of them up after Trump's speech at noon.

Gold finished slightly higher along with the Dollar. Siver was of a bit.

There will be a stock market option expiration on Friday.

This rally is in its third leg short term, and is looking very tired.

Let's see if it ralies higher or sells off after Jay Powell's testimony tomorrow at 11 AM.

The Monday Night Football game between the 49ers and the Seahawks was one of the best I have seen in some time.

A large storm front came through here this afternoon, dropping temperatures about 40 degrees.  We are expecting a hard freeze tonight.  The areas on the Great Lakes will be enjoying some serious lake effect snow.

Have a pleasant evening.