A few investors are bullish, but the majority are turning even more bearish. According to Blackrock's Larry Fink, the market will see a surge of buying once it makes new highs. The Nasdaq 100 closed at a new high but the S&P futures are down more than 8 points. The Russell 2000 lost 15 points for the day and more than the Dow, S&P and Nasdaq Composite combined. The Russell is the sentiment indicator for the market, and it is flashing a huge warning sign. I have warned about a potential sell the news event at the new highs. No new plays with the weak market and sharply negative futures.
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