Things appear bearish. The SPY is seeing some pre-market volume to the downside.
The Q's are gaping lowers.
JPM is gaping lower.
I expect this trend to continue, but I am ready to snap up profits on my JPM puts if buyers decide to show up. (I am long OTM Dec Puts).
There seems to be nothing out there to stimulate the economy, certainly not the government, and economic news continues to slowly become more pessimistic, pirates certainly don't help matters. Hang on, because it's going to be another choppy day.
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