S&P's and Gold

The early S&P high of 779 was never broken and now its closing fairly weak, breaking yesterday's low. The early levels did offer an opportunity to sell calls.

Gold firmed up from under 940 and is now around 947. Nice trade so far to those clients who pulled the trigger in the buy zone.

We'll look for continuation of these moves tomorrow. Have a nice afternoon.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results