Meanwhile Manhattan condo resale prices hit a record high, and actress Jessica Alba's non-toxic baby products company raised $70 million at a valuation just shy of $1 billion and is prepping for an IPO, according to Marketwatch,
Over in Europe, Italy just had the lowest CPI print ever as the country slid back into recession and entered deflation. Ditto Spain (deflation).
Just another mixed up news day at the top. Investors see this as a time to be all in.
|Credit for these charts goes to Doug Short at AdvisorPerspectives.com|
With any luck the S&P will ghost higher today as everyone leaves early and will provide a nice buy...for SPY puts.
Or, it slips and falls...to fill the 1988.40 gap on light volume, which would likely set up a short-term long entry, using calls.
Either way there is nothing for me at current prices.