We received some unequivocally good economic news today, but the markets were not impressed. Does this signal the long awaited correction is imminent? Or is no one left in the offices to react to the news?

SPX dropped $2 to close at $1258 and RUT essentially closed unchanged at $790 (down $0.52). Trading volume fell again today with 1.4 billion shares of the S&P 500 stocks changing hands. Volume fell 2% on the NYSE and fell 4% on NASDAQ. Initial unemployment claims fell to their lowest level in about two years at 388k, while continuing unemployment claims increased by 57k to 4.1 million. The Chicago PMI came in at 68.6, an increase from last month's 62.5 and pending home sales for November increased 3.5%. But this good news wasn't enough to move this holiday market. I am not reading too much into that because so few traders are in the offices at this point in the holidays.

My Jan SPX iron condor improved its position somewhat with a P/L of -$1139, delta = -$90 and theta = +$122. The Feb iron condor on RUT stands at -$500, delta = -$27 and theta = +$87. Will anyone be left to trade tomorrow?