2:00 EST....big players back from lunch at the nudie clubs...let's see which way they move the markets.... Hopefully they had a good lap dance so they'll buy this up.
so...we have yet another -2% or greater move in the indices today (what is this #8 three months into the year already?) we had none for all of 2017 i can't remember the last time we started the month of april/q2 with a -2% or greater down day...ima do some digging up on that one.
found my answer: any decline of more than -1.57% today for the spx would be the worst start to the month of april since....get this...1932! the worst start ever to april was in 1929, spx fell -2.55% looks like we are poised to close greater than that today
Went long when the SPX was down 70 plus points, just took profit on that position. Usually I like to hold overnight for the bounce next day when we have a huge red day like this, but I guess I don’t want to get up early tomorrow to check