ONE AND DONE

So is helicopter Ben having a bit of a problem with on the job training? Sure seems that way as he now "hints" that he was "misunderstood" last week. How can prepared comments be "misunderstood" several days later? How long before we pine for the clear speaking former fed head?

Anyhow, what we might get from this misunderstanding is a buy signal. The SPY is currently down 90 cents and trading at at 2 day RSI of 30, while the VIX has jumped up to over 12.5 and is now about 7% above its 10 day SMA. We have not gotten a decent buy signal in several days so maybe we get one tomorrow for a short term SPY trade.

And why is it with stocks getting trashed by these comments Oils and Commodity stocks stay strong(lol)?