Sure there was the usual gap down with a crawl back up the rest of the day…volume was even decent. But, it was a boring day. All I did was nibble on some calls in QQQ and XLF and NOK…just enough to make me feel like I did something today. We’ll see how that turns out.
News starts to pick up tomorrow about jobs…ADP Employment report on Wednesday, Jobless Claims on Thursday and the BLS Employment report on Friday. Tomorrow also has Construction Spending, Auto Sales and Crude Inventories. When does that Santa Claus rally start?
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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