It Don't Mean A Thing If It Ain't Got That Swing...

Do Wap Do Wap Do Wap Do Wap Do Wap...

The VIX appears to be coming off of a one-year double bottom and I decided to get into some VXX at the last minute.

All eyes seem to be on AA as the company reports $0.11 vs. expectations of $0.06...  Will it mooooove tomorrow?  I need at least a $0.45 pop in either direction for this trade to pay off.  

Amidst the chaos, Plosser came out and announced that the Fed could taper in October or December...

Will Boehner hand out some tricks or treats way ahead of Halloween?


-1.70% SBA
+0.70% Roth IRA

-1.07% DJIA
-2.00% Nasdaq
-1.23% S&P 

-1.11% FTSE
-0.79% Eurofirst
+0.30% Nikkei
+1.08% Shanghai
+0.44% SENSEX
+0.89% Hang Seng

+0.50% WTI
+0.42% Brent
-0.25% Gold
-0.20% Copper
-1.84% Corn

+0.29% USD/JPY
+0.24% EUR/JPY


0.95 Put / Call Ratio

-1.39% DJT
+4.69% VIX

+1.07% 5-Year US Treasury Notes
+0.08% 10-Year US Treasury Notes

20% Advancing Issues on NYSE                       |   12% Up Volume
77% Declining Issues on NYSE                        |   87% Down Volume
3% Unchanged                                             |   1% Unchanged
42 New Highs   |   65 New Lows

19% Advancing Issues on Nasdaq                    |   8% Up Volume
78% Declining Issues on Nasdaq                     |   91% Down Volume
3% Unchanged                                             |   1% Unchanged
53 New Highs   |   37 New Lows



Today's Major Headlines:

Buyout Debt Returns To Pre-Crisis Levels in US

Year's Winners Lead Wall Street Slide As Default Angst Rises

FB -6.68% or -$3.375...  still ticked off all my puts had expired right before this move, but if we get a continuation move to the downside tomorrow, it could get fun...

Hahaha: John Thain on CNBC: 'The President Gets Dinged As Well'