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Sawatdee kraup ("hello" in Thai) and good Monday to ya'! Just got back from a trip to Thailand and a few other Asian countries along the way and had to exercise my new found bi-lingual skills. Looks like I didn't miss much with the major markets but we've definitely had a few breakout trades that have put our Members in the money quite nicely if you've been following along. We'll get into that in a bit. I've also got what you might think to be a surprising short-term take on the major indexes but first...

There's a Much Bigger World Out There

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Happy Friday all. I know it was the second shortened week in a row, but somehow I'm more glad than usual the weekend's here. You feel the same?

Anyway, not a lot to talk about today on the market front (still stuck in neutral), but I do have a couple of trading-idea updates for you.

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Pow! What a start for the bulls. Of course, it means practically nothing, given the gap left behind by the strong open AND the fact that the first trading day of the new year tends to be a good one no matter what. As has been the case since August, we need to see if the bulls are feeling as good when the dust starts to settle. Otherwise, this is just another head-fake.

Buy hey - anything that gets us further away from another meltdown can't be all bad, right?

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Happy Friday everyone. As you've already figured out, a very lethargic week dovetailed into an especially-lethargic day. Most traders - big and small alike - are either not working at all this week, or have turned a three-day weekend into a four-day weekend. I know it doesn't seem like it, but yes, the markets are open today. If you're an institutional trader though, good luck getting anything done.

First and foremost, have a safe, fun, and happy New Year's celebration however it is that you celebrate.

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Yeah, the market's getting bombed today. It's down about 1.0% at the time I'm writing this. I gotta' be honest with you though - I'm not really sweating anything that happens this week, good or bad.