sp'daily5
sp'weekly8
Summary
No doubt..a fair few will be launching index shorts at these levels.
Good luck with that though. Such traders are shorting into weekly/monthly cycles that continue to push higher, with a VIX that reflects a market that has zero concern about anything into the summer.
With another sig' QE-pomo due tomorrow, the month is set to end on a largely positive note. Even if GDP revised comes in negative, it won't particularly matter, since the market is already expecting it.
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Perhaps, the worse 'doomer' interview I've seen so far this year. It is to be seen, as an example of how consistently stupid some of the 'omg, the financial system is about to collapse' people are.
I could pick it apart into a thousand pieces of 'You idiot, how can you say that...'..but really...Kirby should receive a lawsuit from the Federal Reserve.
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Notable weakness: the drillers, DO, RIG, SDRL, not sure what that is about.
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back later..maybe