Educational use only. Never intended as advice.

I hate the term 'stock picker's market', because it implies that the rest of the time the game's just so easy. However, it does 'feel' that way. Also, my son Conor says it's so, ergo it's so.

A lot of 'stuff' just feels sold out to me, and coincidentally, some of the proprietary indicators are saying so as well. All of which means, time to close down SOME short positions (not the outright hedges).

I'd still keep the eyes on the BKX (long BKX calls) as the early warning sign, and it's worth noting that the BKX has traded dry today. My HHH position got stopped out meekly and I have taken a small XMSR position at 23.50 as price has been savaged here (technical mean reversal sought).

As Todd Harrison would say, "you can try anything, but control the risk."