The Markets posted another minor gain but compared to recent weeks this is only baby steps. This suggests an absence of sellers but very low conviction by investors. They want to believe the bottom is in but they are not convinced so they are only nibbling at stocks. While today was encouraging that the -180 point opening dip was bought, we need to see additional positive moves to rebuild that confidence.
Starting in February, new positions are only added on Wednesday and Saturday except in special circumstances.
NEW DIRECTIONAL CALL PLAYS
No New Bullish Plays
NEW DIRECTIONAL PUT PLAYS
No New Bearish Plays