Afternoon Thread

Sentimentrader.com

The bulls have been actively buying the dip this morning and are attempting to fill the overnight gap in S&P futures here at 1272. The image above is an intraday snapshot of the OEX P/C ratio... sometimes considered the "smart money". Usually, the bulls will struggle a bit when it is above 2 and CBOE P/C is under 1 (last read was .88).

Morning Thread

"wherever you go, there you are." We can't escape ourselves. Or the charts. Alot like the Jews who wandered around in the wilderness for 40 years after leaving Egypt.

At some point we will escape this trading range, probably for another one.

Evening Thread

Well, first day back from New Year's holiday .......

Paige wishes she was still fishing.

We gapped up, finished close to session lows. 4 day work week this week.

MOS reports earnings tomorrow - some fundamental news for a change.