Tuesday, 31 July 2012

10am update - bored already

Somehow the Chicago PMI comes in better at 53.7, so Mr Market is again pleased with everything. Yet, who wants to be going long at these levels?



Well, seems like Tuesday might be boring after all.

VIX is barely up..and could easily flip red later this morning.

So...its looking like its a waste of time watching this casino until after the FOMC annoucement tomorrow.

Notable stock moves.. AAPL +2%..to 605. 
COH, coach (bag maker)..-20%