Energy Select Sector SPDR (XLE)

[maddog27]

It may get very interesting regarding oil. I agree that we probably haven't seen anything yet. But we still use a lot of oil relatively. Depends on markets direction in near term as we seem to be at key point. If we break highs I think we move up quick and I'm playing the breakout.

OT: Did you notice your DEC16 SPY puts bid up last week by 10% before market open even though markets were opening flat. Can't remember what day..maybe Thursday. I thought that was strange when the few July puts I still have were down a bit. Seems fishy..but worth noting.