With the S&P futures up +25 points late Sunday, our options are limited.

Any position we would enter at the open on Monday would probably be at the high of the day. Any new revelations throughout the day could erase those gains just as easily as they were made.

There is a very good possibility for extreme volatility over the next three days with a 3% to 5% move in either or both directions. We should only invest when we have a decent idea about market/stock direction and we do not have any confidence in direction today. When in doubt, stay out.

No New Plays