Chopped Up

I took it all for granted
But how was I to know 
That you'd be letting go
--Bryan Adams

Epic volatility continues as 1000 pt range days in the Dow have become commonplace.

Traders betting on directionality that lasts more than a day are getting chopped up and carried out in pieces. Fortunately, I'm not playing that game.

Instead, continue to nibble here and there on income producers selling at yields far above fixed income space.