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 … Continue reading
The early buying has been in gaming names & Financials. MLCO, ERI & WYNN in gaming. GS has led the big banks with the insurers all bid. FLR needs a close over 41.56 to get some upside momentum. Long USO … Continue reading
The market is still a correction in the Nasd. Investors are rotating ( trying to hide in XLU & Insurers this A.M.) This is simply rotation into what seems to be lower risk dividend instruments. This game too will end. … Continue reading