STOP TRADING FOR THE WEEK

It looks like the NYSE internals were a pretty good tell as the market gets some jig this afternoon and it may yet close near the highs. What happened to the Iran problem? Is it solved already or did the market trade on some other metric (lol).

Everyone's favorite Oil stock is acting quite well including VLO FTO NOV and HP. Are we back to the selling OIH puts mode? Probably, but I will wait for some lower prices as some of the puts I sold a few weeks ago are going worhthless. Hopefully, they stay worthless this time.

How about that Cramer, bullish on COH and KMB and bearish on MOV and PG and of course he still loves UNH which is probably ok for the longer term when ever that is.