Pre-Options Funk

Given how overbought we are, today's pullback was not very impressive. It just seems like some profit-taking, repositioning, and pre-options expiration funk more than anything. Frankly, I hope I'm wrong - I'd like to see the market give back the bulk of this week's gains and then some but as you know I don't expect that to happen in the short-term.

With the Fed behind us, stocks overbought, and tomorrow's options expiration, I also thought I'd get out of dodge for the weekend and go visit mom in Ohio. I'll be traveling with the laptop and I may briefly check in tomorrow morning, but this week is in the history books as far as I'm concerned.

Have a great Friday and an even better weekend. It's been quite a week for the market and I'm sure if you're like me, some time away from the tape is more than a little deserved.