Worried? Concerned? As an options trader the answer is no. Whether or not the market goes up or down there is always a trade to be made. No, I am not worried or concerned.
As someone who thinks stocks need to keep heading higher to prevent the Central Bank house of cards from collapsing.... yes I am a little worried.
Why? One of my favorite charts is breaking down, and the implications could mean the market seeing a sharp correction in the months ahead.