Whatever!

One of the guys on CNBC (Bill??) said: 'Whatever!  It's still going higher...' to one of the semi-bears live on national television.  This can only happen in the US!

I want to yell 'Whatever!' to the bulls too!  During the final few minutes of trading, my Roth IRA knifed down by about -1% very suddenly.  And this is where I parked my calls.  

The bulk of the knifing came from my SDR and PER calls.   

Not being able to take profit is killing me, so I've got to find a way to capitalise on market action tomorrow...

SPY calls are already getting expensive and volume is spiking up, closing above its 10-day average.  Last week, SPY calls two handles up and one week out were going for pennies.  Today, they're worth a good half dollar.  Too bad I let go of my SPY $165 and $166 calls, but you have to take profits...

Bulls, you may be getting a little too complacent and I'll be there to front-run you when the market starts knifing down!


+0.14% SBA
-2.47% Roth IRA

+0.82% DJIA
+0.69% Nasdaq
+1.01% S&P 

+0.82% FTSE
+0.45% Eurofirst
-0.16% Nikkei
-1.11% Shanghai
+0.16% SENSEX
-0.26% Hang Seng

-0.99% WTI
-0.22% Brent
-0.58% Gold
-2.14% Copper
+0.56% Corn

-0.45% GBP/USD
+0.45% USD/JPY

+1.92% DJT
+1.59% VIX

+1.51% 10-Year US Treasury Notes