Fading Market

Market looks weak as we enter a week where roughly 112 of 500 S&P companies and 11 of 30 DOW companies report this week. This talk that Israel will go for a cease fire agreement with its neighbors by pundants sounds like hot air to me as I hear nothing from the Israel. Cash is king mean and green but we continue bidding 1 to 2 percent below the market selling premium as the VIX continues to move higher.