Day summary

Today was the mirror image of yesterday. Led by Retailers and homebuilders we opened sharply lower but closed in green and hence the confusion and squeeze continues. This is a very hard market to trade with big volatility and day to day reversals. So stops need to be tight and trading needs to be nimble. My leftover position in ILMN and ENS got stopped out at brkeven and we inched a little profit on both of them. Even though oil rose natural gas failed to rise today. Gold as always glittered and shined and continues to defy any bearish call on it. I am a bit cautiuous on it and really wan to see a pull back to 50 dma on daily so that I can also ride the Gold train.