Midday Missive

There were a lot of lottos being played via today’s expiring Puts in the Spy.

Financials are awful along with the Insurers.

Service names and Finntech have been bid early

FB,NFLX AAPL are holding.

CME rallied to resistance.

Europe and most of the country ETF’s are all offered.

It will be a late day trade. The later in the day it gets without a credible rally the higher the probability of Longs pitching or hedging positions.

I have done nothing.

I think you see the mid 2670’s in the Spu’s today

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