Option expiration Friday brought us a quiet week for which multiple attempts were made to break the high and low of the week prior. Yet nothing happened.
So we now have a coil up of index prices for 2 weeks at this all-time-high level waiting for a way to break out of this range. Will that happen next week? And will it be going higher or lower?
Hard to say due to Trump’s seemingly erratic announcements day after day.
Again, the bears argue that this will not end well.
Well, if the stock market is kind of high risk for a correction, maybe you can look into alternatives like cryptos as Trump just signed the “genius act”. Michael Saylor is claiming that Bitcoin is going for millions …
Instead of paying too much attention to the markets, I prefer some dry humor from Patrick Boyle dissing the idiocy of some large scale infrastructure projects.
Have a great weekend all!
