Gm everyone big gap up this am on indices, Euro , google and crude. BONDS IN PLAY THIS AM ZB NEED TO HOLD 134.2 to move up 136/138.28. Only one not breaking the famous 425-427 in apple very hard time to break this, if it does then 438 and above but be suspicious always of a stock that can not move along the overall market, that being said Aaple has been diverging with SPY since September 2012. SO LONG WE STAY ABOVE THE 1653 they will continue trying to double top some previous highs. Also earnings are coming soon. Everyone expect a pull back well this may not happen till end of July, so far all pull backs have been buy opportunities. As we mentioned yesterday fighting a trend is never a good idea with big sizes and intra night hold.
Options overnight shorts got killed here. This is why credit spreads OTM is safer especially if you take shorts or weekly options IN OUT SAME DAY.
