Well, here we are again, on the cusp of a solid weekly close. The last two Fridays have brought chart-painting smashes, however, so we'll have to wait to see what tomorrow brings. Complicating matters...tomorrow is another NYSE option expiration day, too.
Let's dive right in. The biggest problem for us today were comments made by SecTreas Bessent during an early morning interview on Bloomberg. The clip was all saw on X and elsewhere was cut off and failed to include the final exchange/question. I thought you might want to see it for yourself. You can fast forward to about the 10:...
