1pm update - afternoon nap?

US equities are set for a quiet afternoon, with a daily close somewhere in the 1885/75 zone. Metals are a touch weak. Notable weakness in NFLX, -4% in the $350s, after AMZN secured the TV rights to the Khalessi and Tony Soprano.


sp'60min

Summary

So, a few hours of quiet. However, we do have Q1 earnings from AAPL, due around 4.30pm. That will merit some attention.

--
Price action entirely favours the bulls in the broader market, at least until next Wednesday.

If Mr Market decides that 'taper'4 is a sign of 'confidence in the Fed', then the sp'1900s will likely be broken into - opening up the next target zone of 1925/50.
-