Since 1 AM the SPUZ have rallied about $12 bucks. I would assume this happened on very light volume as some Asian markets rallied or something like that. Did anyone notice over the weekend that AMZN and WMT are now in some sort of a pricewar? 2 thoughts,1) AMZN is an enormous company to be in WMT's sites..2)AMZN - no one beats WMT - so good luck.
I shorted some S&P minis at 1088.5 this AM, not a big believer in this overnight rally but no surprise there.
Yesterday was a beautiful day, watched 2 of my kids play soccer and chased an almost two year old around while they played, did this while my wife was home with the oldest who has, yes I know ewww, LICE. As the second soccer game winded down I took the baby with me and my sister who came to watch her neice play (thanks for coming) took the other two home. I caught the tailend of an engangement party for an old friend of mine. My mother inlaw has a saying you have to go for the happy occassions if you'd go for the funeral (or something like that) and I totally agree. So I wished the couple well saw some friends I havent seen in years (that always feels good) and headed home.
So here we are ready to go - Id say the momo clues are still AAPL, AMZN,GS,GOOG,BIDU and keep half an eye on crude oil...
JB
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