1pm update - still moderately higher

Most indexes are moderately higher. Tech is a little weak, largely due to AAPL. Precious metals are mixed, Gold is -$20, but Silver is unusually not following. Oil is back to flat. There remains of course the usual latter day algo-bot melt still viable.


sp'daily5

AAPL, daily

Summary

Back!
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*I thought I'd highlight AAPL, even though its a touch lower, it is still significantly above its recent lows, and the monthly chart looks floored. Perhaps a back test of the 50 day MA @ 435 ?

Equity bears are facing a real problem if AAPL just rallies across the next few months. I realise AAPL is not the entire market, but if AAPL is rising, you'd have to think the rest of the techs will 'generally' follow.
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VIX update from Mr T



**consumer credit @ 3pm, although maybe the market can just spin more student debt as a good thing?