Chop Suey, chopped salad, chop Liver: However you wish to describe today's non-action, it was nasty inside day range type trading. Zeek reminded us pre-market it was Morning After Trend Day, and that suggested hit a bounce and try for the half gap and gap....

The slingshot long finally ended today with a gentle pullback. No one expected it, that's probably why it quietly retreated. Options expiration killed the put premium, and calls die a quiet death as both volatility and time decayed. Recency Bias suggests a...