This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

Great to be back from vacation and back to work!! I took one trade during vacation for break-even. Maybe I can take a whole vacation next year without trading ;). I was ready to trade yesterday, but didn’t as I wanted to see what direction the market may take. When SPY broke its’ O/R low after a feeble attempt at a gap fill today, I started looking for some short candidates. Oh, BTW, I caught some big air wakeboarding. I missed my calling.

SKM:

This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com