Good news was already priced in, nowhere to go but down - sorry guys. With option expiry tomorrow as well and 3 days of pops, this will be lucky to hold at $110 by close. Bad jobs report and a red 2-3% day on the Naz and $100-105 is the range
yeah, we'll see my friend. I wouldn't be too excited by the response if I were long. This rally is so overdone and the reaction after hours is all the indication anyone should need. Going to be some major profit taking going on tomorrow with all of the option open interest way farther south than current levels.