18 November 2021

Stocks and Precious Metals Charts - Why Do You Still Waver and Doubt - Option Expiration Tomorrow

 

"And when He had fed the multitudes and sent away, He went up on the mountain by Himself to pray.  Now when evening came, He was alone there.  But the boat was now in the middle of the sea, battered by the waves, for the wind was against them. 

Now in the fourth watch of the night Jesus went to them, walking on the sea.  And when the disciples saw Him walking on the sea, they were troubled, saying, 'It is a ghost!'  And they cried out for fear.   But immediately Jesus spoke to them, saying, 'Take heart and have courage!  It is I; do not be afraid.'

And Peter answered Him and said, 'Lord, if it is truly You, command me to come to You on the water.'  So He said, 'Come.'  And when Peter got out of the boat, he walked on the water to go to Jesus.  But when he saw that the wind was so powerful he was afraid; and beginning to sink he cried out, saying, 'Lord, save me!'

And immediately Jesus stretched out His hand and took hold of him, saying, 'O you of little faith, why do you doubt?'"

Matthew 14:23-31

 

"To have even a portion of illuminative reason and true philosophy is the highest state to which nature can aspire, in the way of intellect; it puts the mind above the influences of chance and necessity, above anxiety, suspense, unsettlement, and superstition, which is the lot of the many.  

Men, whose minds are possessed with some one object, take exaggerated views of its importance, are feverish in the pursuit of it, make it the measure of things which are utterly foreign to it, and are startled and despond if it happens to fail them.  They are ever in alarm or in transport.  

Those on the other hand who have no object or principle whatever to hold by, lose their way, every step they take.  They are thrown out, and do not know what to think or say, at every fresh juncture; they have no view of persons, or occurrences, or facts, which come suddenly upon them, and they hang upon the opinion of others, for want of internal resources."

John Henry Newman

 

The longest partial lunar eclipse in nearly 600 years will appear in the night sky late Thursday evening and early Friday morning.  According to NASA, the eclipse will last three hours and 28 minutes, making it the longest partial eclipse in 580 years. 

Too bad we have lines of storms making their way to us for tonight.

Stocks advanced with a narrow leadership, led by some of the usual suspects.

 The Dollar was lower.   The VIX was a bit higher.

Gold and silver was lower.  The miners were hit.

Tomorrow must be a stock option expiration.

Little children, love one another.

Have a pleasant evening.