12/30 Morningline

Small opening gaps in blue chips and gold. Potential bull signal on the fear index (bullish on fear is bearish on stocks). Here's the rundown:

Indicators, with none showing much movement after opening:

• Blue chips (SPY) open at 112.23 on a 0.3% gap down, entered bear mode at close on Dec. 8 (at 109.61)
• Fear index (VIX) 20.36, bear (bullish for stocks), Dec. 22 (20.49). Bull signal if it remains on the chart at the close.
• Treasury long bonds (TLT) 89.92, bear, Dec. 21 (91.14)
• Gold (GLD) 106.64 on a 1% gap down, bear, Dec. 17 (108.00)
• Oil (USO) 38.95, bull, Dec. 16, (36.74)

Currency pairs:

• Dollars per euro (EUR/USD) 1.4352 and falling, bear, Dec. 4 (1.49)
• Yen per dollar (USD/JPY) 91.98 and rising, bull, Dec. 15 (89.60)

Holdings, January expiry, no new signals:

• KO, iron condor (p50/-p52.5/-c57.5/c60) 57.74, bull, Dec. 29 (57.74)
• LVS, covered call (-c16) 15.22, bear, Dec. 18 (15.29)
  
• SBUX, bull put spread (p22.5/-p24) 23.34, bull, Dec. 18 (23.68)
  
• SMH, bull put spread (p27.5/-p29) 27.61, bull, Dec. 21 (27.62)