Some of the ugliest retail numbers this morning got bought up throughout the day as the retail sector was on top of the heap. I guess the market thought they were cheap enough.
Traders were mulling around not doing much except waiting for Friday’s NFP report. Trading volume was low….way low! Estimates and expectations abound on NFP. I’m still net long but have cut down a lot during the week. Whatever happens tomorrow, I’ll fade the gap…either buying on a gap down or selling on a gap up.
The rest of the month we get a break because Congress goes on leave…. Of babies and hammers. Stocks tend to do better when Congress is not in session. So we should have a good time until after Labor Day. 
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....
