Tech Is Wrecking

Indexes cannot get out of their own way given the action yesterday and so far today. Tech is heavy and dragging the others along with weak price action. The overall action is in danger of setting the table for a real run to the lows as election data also adds to the prospects of a Democratic victory in November. Historically the Democrats have managed the economy much better the Republicans but the professionals on the hedge side would not be disappointed in any scare that would enable bargain hunting later this fall.