Not much

Not much going on today but an INSIDE day. Boring

End of Quarter

End of Quarter window dressing is in FULL effect!!!!!!! Expect this week to have an upward bias.

AAPL

Yes the stock I hate the most I think looks toppy here- I wish the the options were cheaper because that's one high prices sucker right now- Taking a chance here @ a short $592

VIX

Wow VIX down to the 13s again- Not surprising but anything below 12 for me is a load the boat scenario as a medium to long term play. Stuff looking for extended and I turned on the talking heads and they noted little participation on the retail side of stocks. I guess just like housing bottom that never was (they have called the housing bottom over a dozen times) retailers are just not that sold on this melt up. Biotech looks like they want to move up but I am so wary on playing much here on this light volume. Maybe we will replay last year where the first 1/2 of the year is strong and the second half is weak all I know I don't like this extremely low volume. Watch out folks looks like $5 at the pump is definitely happening sooner than later and Oil looks like it is heading for $112 from my technicals. I Hope I am wrong as that would be a heavy toll but we will see soon enough. Have a great weekend!

Expiration

Expiration today so that means no market for me- Expiration day usually is highly manipulated and usually comes with extremely heavy volume or extremely light volume so it is very hard to trade- Next week should be interesting as most managers will start their window dressing for the end of the first quarter.

VIX

One more thing to note here is the lows happening on the VIX- That's my main reason for not going heavy long here as we are definitely very complacent with such a low VIX reading.

GOLD

Gold is getting slammed but not a surprise after we have been virtually struggling the last two weeks. Never the less that's a big hit indeed. Silver lower but not as bad comparatively. Definitely see Silver getting below $30 area. In the mean time the market continues its melt up and though the volume is light I would not be shorting here