Market summary

Chop fest continued all day except in the close where some heavy buying came and took indexes to high of the day. $compx (Nasdaq cash index) was able to close at a new high of this rally on good volume while other indexes still are not there. Sector wise Materials/Energy and transports led the charge while biotech and semi were laggards.

I think my gut is showing the right direction and we were able to atleast hit a new high in one index. Lets see if others follow it and now is the time to see if the breakout is real or a bull trap is getting formed. Position wise I sold DXO, GDX call spread. Bought F and DSX. My trad list from yesterday did good SLX, MEE, ANR CNX. Will post some for monday on twitter this weekend.
www.twitter.com/sidshar

Monday should be an intersting day in market.