The low of the day was put in at the open on Thursday, moved up quickly and then just meandered in a narrow range for the rest of the day. Can we have an up day on Friday the 13th? I’m thinking we can and should!
Yesterday I bought TNA afterhours, looking to hold on for a week maybe. Instead I sold at the pre-market open for about 60 cents profit, which was nice. But before the cash markets opened, TNA had dropped precipitously and I got back in and got back out an hour later. Man, that was crazy…and lucky…oh yeah, and profitable!
Speaking of crazy, have you seen NFLX over the past 2 weeks? It’s been going straight up and making new highs today! Judging by that action, the market is thinking everyone is going to be unemployed soon and watching movies from home….confirming the jobless claims and employment reports! 
Tomorrow will start with CPI and retail sales reports. And soon after the open we get Consumer Sentiment. That should make for a wild Friday the 13th. And watch out for black cats and don’t walk under any ladders.
One more thing….Trade what you see not what you think. Here is a funny cartoon video:Trading what you think. 
Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....
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