The big tickle today was the strength in the Dollar index based on Euro weakness, thanks to Monsieur Draghi.

There was a minor option expiration for gold on the Comex today. I do not think that drove the action in the metals, compared to the big spike in the Dollar.

After the bell we will be seeing some big earnings announcements including Amazon, Alphabet, Microsoft and Intel.

CVS Health is in talks to buy Aetna. More consolidation in the health/insurance sector, under the title of ‘vertical integration’ which is a finer sounding title for ‘monopolization.’

I do not know how it is in your area, but around here a few medical conglomerates are buying up all the doctor practices and medical facilities of any size, leaving us with just a handful of behemoth health providers and insurers.

 

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