Thursday, 12 May 2016

2pm update - minor chop

US equities remain broadly weak, but (as ever) there are buyers out there.... who are currently holding to the view that the market really has nothing to worry about in the near/mid.. or certainly... the longer term. That is currently reflected in the VIX, higher by just 1% in the upper 14s.




Nothing to add...  too many personal issues.

notable weakness, AA, daily

Ugly chart.. ugly company... a break of the 200dma seems highly probable.. with the mid/low $8s next week.

I need some sun/air, or I'll completely lose my gods damn mind   ... back at 3pm