Friday, June 15, 2012

Option Expiration Day

It was a boring day with no spectacular moves in indices. That's typically option expiration day for ya, big moves in some equities, but indices often boring as hell. All indices went up, but at such a slow pace that it was barely notable...

5m-chart SPY:

Daily charts DIA, SPY, QQQ and IWM:

Euro, oil, metals
The euro managed to stay above 1.26, so now we wait and see what Sunday will bring with the Greek elections...
Oil traded sideways and so did gold and silver. Copper made good progress, up 1.7%.

Have a great weekend!

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