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Power to the People


The major story of the day, of course, continues to be the ongoing blackout affecting cities in the Northeast and Midwest.

Oh, and as if to add insult to injury it's expiration Friday. Good timing, no?

This session promises to be perhaps one of the most bizarre we have ever witnessed.

There are lots of wacky rumors flying around trading desks this morning too. I don't mention this to propagate the weirdness, only to make you aware that they are out there.

Be that as it may, for now liquidity looks all right and things appear to be moving in slow motion, which is a good thing. Have a good day and I'll be back.
No positions in stocks mentioned.

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