• SPY traded ~373 - 380
• Sunday futures we went from 377 to 372 to open at 378
• Then we dove to 373, only to go all the way to 380 just before the close
• Totally healthy.  Everything’s fine!  Riiiiiight.
• You’d need the luck of the Irish to trade this crazy thing.  Pick your side and at some point in the day, you’re likely to be right again.
• There was no major news that I saw today.
• I sold my November 30 puts for a chunky loss (from Friday), swapped them out for March 2023 3400p.  I can stomach holding these for the big fall I’m expecting this quarter or next.
• I traded some AAPL calls for the 150 break.  Didn’t hold long enough, as always, but I did make a nice little profit.

• SPY levels:  357, 363, 373, 380, 386, 390
• Chart - Weekly: Neutral - the bounce continued today as expected, but I don’t see it reversing the long-term weekly chart.
• Chart - Daily: Bullish - it’s clear for a run that started on Friday.  390 max?
• Chart - 4h: Bullish - same.

• Earnings: The party gets started on Tuesday with UPS and KO (among others) in the morning; and GOOGL and V in the evening.  I’m expecting upbeat from tech; warnings from non-tech.
• TNX on a warpath to 45 (4.5% 10Y).  SPY is showing it no respect right now.
• DXY was glued to 112 today.  It sure looked nice at 114 Friday.  I suspect it’s going to head back up there after this week.
• Tuesday: UK Business Optimism @ 6am EST; US Consumer Confidence @ 10am EST
• I hope you’re all strapped in for Thursday - it’s going to be buck wild from premarket to overnight…

• I’m going to sit on my two SPX 3/31/23 3400p.  I don’t anticipate selling these until the bottom falls out.  I’ll add more at 385 and 390.  Above 390, I’ll just stop buying and start crying.
• I’ll look for more call opportunities on earnings optimism and probably AAPL again - 150 was tagged today and 155 is possible before ER on Thursday.
• XOM calls look good for a trade into Friday.
• Reminder: NEVER hold through earnings.