Dec22 Option Expiration Day

It's expiration day for the Dec22 Comex contracts and, surprise surprise, both digital metals are actually green and UP on the day so far? What's the deal? Well, sometimes the HFT algo trade is too tough for even The Banks to overcome.

And what do I mean by that? Well first of all, let's check prices as of this moment:

And why are prices up?...

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Key Economic Events Week of 12/5

12/5 9:45 ET S&P Services PMI
12/5 10:00 ET ISM Services PMI
12/5 10:00 ET Factory Orders
12/7 8:30 ET Productivity
12/7 8:30 ET Unit Labor Costs
12/8 8:30 ET Initial Jobless Claims
12/9 8:30 ET PPI
12/9 10:00 ET UMich inflation exp.

Forum Discussion

by Titus Andronicus, Dec 3, 2022 - 1:57am
by Titus Andronicus, Nov 26, 2022 - 10:18pm
by Island Teal, Nov 26, 2022 - 2:54pm
by Titus Andronicus, Nov 14, 2022 - 10:32pm