Market Wrapup

Interesting day today. I loaded up on SKF and shorted COF today as a bet that we will retrace and financials are a little overbought here. Tomorrow is stress test results and I will be out of the office alot tomorrow, so it will be interesting to say the least lol. I also bought the VXX, a bet on the VIX (fear index), because I believe volatility will kick back in and fear WILL be back. I personally believe we are at the near-term top (the one I mentioned last week that would occur in 10 days). I think the retracement will be 8-15% down, so you can sit on the sidelines with cash or try shorting, just be careful. Hopefully, I wasn't too manic today, it tends to happen on wild days like this. Take care and catch you later.