Lying in Wait

By -

As expected, the rockets shot higher this morning. I got jolted out of a bunch of positions with my contingent stop-loss orders (EWZ, $XAU, X, CSX, MOS, ABX, BG, SCHN, AGU, and JPM). I am eyeing the IWM for an entry point on some $RUT puts. It's getting close.

It'll be a big day after the close as well, since a number of major companies are reporting earnings.