SP 500 And NDX Futures Daily Charts – Stock Option Expiration Week Shenanigans

Stocks have been gyrating the last couple of days, largely on little things like comments from central bankers.
 

I think much of the ‘action’ and the increased volatility has more to do with the stock option expiration this Friday the 16th as with anything that could be considered fundamental.  Stocks are in bubble valuation territory however, and the ‘real’ volumes remain light compared to the algo driven volumes.

This is a corrupt system which you tolerate, so get used to it or seek to change it and make it just for everyone.