16 August 2016

SP 500 and NDX Futures Daily Charts - Stock Options Expiration This Week

As a reminder, there will be a stock option expiration this Friday.

We can probably expect some shenanigans leading up to it, although August is a sleepy month.

Stocks are largely drifting now, trying to digest a remarkable run to new highs.

The valuations look very full.  But the Fed et al. are printing money overtime.

Have a pleasant evening.