Two quick early-morning items. First, it’s good to see crude continuing to weaken. The grand and glorious goal is a break of support (green tint), since we’ve been range bound for two solid months now. As I’m typing this, it’s actually lower than the chart below, down over 1.5% now.

Second, I’m in make-fun-of-SNAP mode these days, because I think it’s an IPO designed for buffoons who thought 1999 never happened, so I found this little snippet from their S-1 kind of fitting. 

No, it’s really there. It’s on page 110. Honest.