The market keeps chugging along like a run away freight train and although it will slow down or pull back at some point, I am not stepping too much in front of the train and shorting.  I will take stabs here and there, but over all why really fight it.  It’s best to step aside then get too short and get murdered.   SPX did crack the 10ema but rebounded like a champ and we’ll have to see tomorrow where we take it from here.  For tomorrow I am watching the following:

cof long 50.00, march 50 calls
mck long 82.35, march 82.50 calls
mmm long 88.50 march 87.50 calls
oxy long 105, march 1050 calls
tcw.to short 16.70

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