1pm update - awaiting the Bernanke

Market remains in a very quiet standby mode. Sp' is 2/3pts, although notably, the R2K is -0.5% Metals are holding minor gains, but those could soar later in the day, if the market decides QE will continue well into 2014.


sp'60min

Summary

Enjoy the quiet..it could get busy in an hour!

*VIX is increasingly weak, now -3.6% in the low 16s.

If the market is happy later, then VIX looks set for the 14s by the Friday close.


1.39pm.. VIX update from Mr T



Seems a few crazies are buying VIX July 50, 60s...urghh