US Index performance with metals YTD

If weakness appears I will take the last day high as a stop. As of now, bears were not able to break lower. I do not read relative strength in NQ vs SPX but this will change during the day if bulls are able to take control

#VIX printed 38.8

VIX went up 115% today while the SP500 traded to -6% in the day. I was force to roll some trades. .    

#EARNINGS BETTER THAN EXPECTED #NASDAQ NEW HIGH

R Option and R Option Mini are long. Earnings are the single best determinate of long-term performance of stocks. Earnings season is in full swing.  So far, over all  earnings are better than expected.  Earnings reported so far this morning are especially strong. R Lima is now flat.

Impressive earnings #Nasdaq

Impressive earnings helped stocks rise, with the Nasdaq closing at a record. Oil ended slightly lower in a seesaw trading session with rising U.S. production weighing against comments from leading Gulf oil producers that an extension to OPEC-led supply cuts was likely. The euro recovered against the dollar ahead of the first round of the

Lower highs $SPX

Today the SPX ended negative. However, U.S. private sector job growth recorded its biggest increase in more than a year in February amid a surge in construction and factory hiring, suggesting the economy remains on solid ground despite an apparent further slowdown in the first quarter. R OPTION AND R OPTION MINI Some of you

$SPX Bears tried

Bears had a good opportunity this morning but the buying from $Chinese Stocks and $Nasdaq stocks did not allow to print much lower. Monitor for continuation on INDEXES – Short term players in control