sp'60min
Summary
Today is going to be a pretty tough battle for the bears. Yes, we're set to open a little lower, but there are two QE-pomo today - the bigger one is in early afternoon.
Even if we hit 1790 this morning, do not be surprised if we're in the low 1800s by late afternoon.
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Video update from Oscar...
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Notable early mover: TSLA, +5.6% @ 131.
It remains a little odd how $110/100 has not been hit yet. Yet, Oscar is probably right though, and the secondary target in the 70/60s will be viable early in 2014.
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9.38am.. equity bears having problems already...
momo stocks catching a bid.. TSLA +$10... AAPL +$12...
black-fail candle on the hourly/daily VIX charts...!
Heavy QE will surely get the market back into the 1800s today.