S&P 500 New Year Slip And Slid, Crude Drops 5 Percent

Published 01/06/2015, 01:08 AM
Updated 05/14/2017, 06:45 AM
CL
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VIX
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I was wrong today but it didn’t take long to catch on

Mutual funds still buying bonds and selling stock

CL liquidation major factor today; CL down over 5.3%. Crude oil volatility is up to 66%

VIX got up to 21.29, up 2.5%

Still have some key economic reports this week and the PitBull Thursday Friday low the week before the expiration.

I am starting to look at some cheap calls to buy, the FEB 2075 are 150at 170 2090s are 1.00 at1.20, 2090s are .65at.75 cents and the Jan 2100s are .40at.50 CL goes up 3 or 4 bucks the ES will be up 30 to 40 handles.

High 2040.00 early
Low 2010.00 late
Last 2015.30 last
Volume 1.85 mil and 7k SPH trade
Tomorrow: Gallup US ECI, Redbook, PMI Services, Factory Orders, ISM Non0Mfg Index

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