Disconcerting Giddiness

Sometimes it's just helpful to make a list when it comes to the markets. So I've done just that.

Oil plunged. A biotech stock blew up. Apple (AAPL) was flat on the day. The banks tried to rally and stalled. The semiconductors cannot get out of their own way. The Russell 2000 was red for the third day in a row. Then, after the market closed, we saw earnings disappointments. So would someone kindly tell me why the put-call ratio was 68% Wednesday? What was so very bullish in Wednesday's action as to get folks loaded up on calls?...483 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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