Big bad earnings out tonight, so we will wait before entering long in the overnight. Our bias is long for tomorrow. Should earnings be bad, we will alter our plan.
After hours: Apple is printing more money than the fed, and up we go. We chased entry at the 77's and are long. Much risk here in chase-mode. All time highs 1890 zone could be the destination tomorrow for this market. 1900 obviously a huge zone.
Last night's short paid and Monday night's short stopped out.
One lesson that we internalize once again this week is how grinder ups can do their thing with such extreme low confidence and low volume.
And still pump out more green days than seem reasonable.
VIX hovering at 13 after breaking below it briefly in yesterday's session.
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