SAME OLD SAME OLD

The markets are mixed with the usual suspects higher (Oils +1.5% / Precious Metals +1%) and the usual suspects lower (HGX SMH HHH). The OIH is up another 1.5% and I just wish the puts would just get to the 5 cent price and stay their as everyone knows that is where they will be on expiration Friday. The bio's are looking pretty ugly as the IBB is down over 1% and the every day down AMGN is right back it lower by almost 2%.

The internals are flat on the NAZ and slightly green on the NYSE (Oils and Commodities).

The SPY bounced at the Pivot level of 130.85 and has been churning since. One stock that has caught a recent bid and may have bottomed is AAPL +3%. GOOG is lower by 5 bucks and is back under the 400 level.

I sold my BSC into the morning lift and am contemplating heading to the gym as I do not expect much excitement until later in the afternoon.