This is one of those mornings in the market when I feel like a Palo Alto weatherman. It’s just kind of………there.
The /RTY, for example, is up all of 0.17% as I am typing this. In other words, it’s another typical morning where every single equity is up a little bit (in contrast to yesterday, when the market actually managed to paint a little red).
The /ES isn’t much better. It bottomed out yesterday an hour before the close, and it’s been slowly meandering higher ever since with, yep, a 0.19% gain right now. Yawn.
Indeed, out of 24 short positions, 23 of them are just picking their noses. At least Oracle (ORCL) is doing something, even if it’s not much.
Thus, with that blasé post, I shall bid you a good morning.
