1492

In 1492, he sailed to the New World. Right now, the S&P needs a new world as well. One that has the confidence to bid the price of stocks higher. Unfortunately, that won't happen until we close above 1492.

Sell the news is in play until the market has reason to move higher. This technical level is every thing at the moment. Boy, am I glad that I bought those GRMN puts. I should have collared more on my stocks. Regardless, I need to sell those puts in the morning - they expire on Saturday.

Not much news here as I am making less trades waiting on news.