The markets delivered a mixed message today with the S&P 500 declining a bit, but the small cap Russell 2000  regained a bit of yesterday's loss. SPX dropped $4 to $1498 while RUT gained $5 to close at $902. In the meantime, VIX was unchanged at 14.3%. Trading volume bumped up with 2.8 billion shares of the S&P 500 stocks trading; trading increased 7% on the NYSE and increased 8% on NASDAQ.

Economic news was mixed with initial unemployment claims coming in at 368k, up 38k from last week and continuing unemployment claims also increasing by 23k. On the other hand, the Chicago PMI increased to 55.6 for January from last month's 50.0.

Looking to the SPX chart, yesterday's harami candlestick was followed by a decline today, suggesting a reversal in the recent trend, or at least a breather. And a breather at this point after a historic run higher would certainly not be a surprise.

My Feb condor stands roughly at break-even with delta = -$113 and theta = +$193. This weekend's time decay should be helpful.