Market

Still there is complacency. There sure is a lot of buzz about bloom energy. This could have a negative effect on oil in my opinion. I have decided to purchase USO $40 puts the march. Then if something crazy happens i can at least know what my downside is.

The GLD is holding pretty strong and the GDX is weak.

SMH is looking pretty weak

Banks are pretty strong.

This dip could have been a buying opportunity. We will see.