“Do not permit the events of your daily life to bind you, but never withdraw yourself from them.” – Zen Proverb
Markets remain in grind higher mode as we wait for the last trading session of the week. There is very little edge in trying to fade these steady grinds, especially into quadruple witching.
Remember that today usually results in one of the most active trading days of the year. Furthermore, we will also see S&P and MSCI proceed to the re-classification/re-categorization of information technology and communications sectors and don’t forget that we usually to see tape bombs hit the wires in the latter part of these Friday sessions.
Could end up being a fairly sporty day…
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Wishing you a great day ahead.