The began with a smash and it ended with a smash. In between, it was pretty good leaving a mixed bag of results with CDG down a little but CDS and GDX up a little. What will next week bring? Come on in and let's talk about it.
For today, a recap of how The Banks dilute the open interest during price rallies and the look to rinse The Specs from time to time. This is what happened today. It wasn't the first time and it won't be the last. Next week brings some important manufacturing data and the POSX is due for a green candle so, with expirations also looming, we might get some...