More Low Volume Gains

The good news is that the market didn't go down following this morning's PPI. The bad news is that the gains were once again achieved on light volume and therefore can't be trusted.

A lot of traders, including yours truly, simply decided to stay away ahead of the CPI and options expiration. I will do the same tomorrow, not only because of market conditions, but because I'll be working on the Q&A with members as I do every month on options expiration.

I hope you have a great Friday!