UAUA buywrite - winner today, GS lower butterfly loser, APO small winner, HOV vs HOVNP was trading great till on the close some nasdaq MM scummed me for .40 cents with a 100 share print, that was ridiculous.
The snasdaq was hopping with GOOG, and AAPL but RIMM is acting terribly.
The banks were where it was at in NYSE land today, BAC, JPM, C, GS leading the charge (GS is a bank remember?)
Im still waiting to find out where Corus Bank's assetts were sold.
As expected the market has decided to forget about the CIT debacle that continues to unfold and how detrimental CIT's problems will be for small businesses.
The market put on Roy Orbison glasses this morning and never took em off. After the close MOS reported what appear to be awful numbers, this is a negative for the inflation expectation crowd.
Not a great day, not a terrible day - but players beware this 1.5% rally came on very light volume.
Good night
JB
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