My hand to God, this market cannot hold on to a selloff to save its freakin’ life. Once again, the market was weak all night long, and the millisecond the cash market opened, whoosh, it was utterly undone.
One bright spot for me remains energy, specifically the XLE, on which I have a bunch of June ITM puts. Of all the sectors out there, I am most enthusiastic about energy for short plays.
