- Often options expiration helps a move persist when the market is overbought. The bears might have to deal with some sideways, choppy action before getting their honey after expiration.
- With the VIX approaching 15, even the bulls should think about buying some cheap insurance.
- I have mentioned how poor hedge funds as a group have been performing recently. Wouldn't it be ironic if they went risk on and then at some point the rug is pulled out due to a slowing economy?
- After the employment report we are right back to where we started the week.
- Do these massive moves have people trading on tilt?
Random Thoughts To Start The Morning
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