2pm update - time for some fedspeak

Its that time of the month again, the latest Fed beige book, which might be enough of an excuse to kick the market a little higher..into the sp'1930s. VIX is holding fractional gains..but looks liable to close red...in the 11s..for the 8th day.


sp'daily5

Summary

Well.. lets see if the algo-bots decide the words of the Fed are worthy enough for the sp'1930....probably.
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Notable weakness, DO (diamond offshore), -3.3% in the $47s. ..ugly daily/weekly charts.
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2.26pm... the micro chop continues..and sp' should comfortably hold the 1920s..if not have a small chance of 1930 in the closing hour.

Notable strength: AAPL, +1.4%.....the split is next Monday.