The market struggles continued as all the major averages posted losses on the day. The Dow shed 105 points and the S&P500 gave up 38 points. The biggest loser was the NASDAQ, losing over 387 points, as semis continue to push the index lower.



The negative sentiment was not a problem for today's trade. We opened a bear call spread and it expired for a profit of 3.1% at the closing bell. Enjoy the weekend!