sp'60min
Summary
A somewhat typical FOMC day, but with the usual underlying latter day upside.
I don't expect to see sp'1962 broken below for some weeks. I would say 'months', but... I'll only be more confident once we're back in the 1990s.
Frankly, no one can complain about today. Bears had plenty of opportunity to exit, and anyone not already long, had good chance to get involved.
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*thanks to those who said hello today...good to know someone is out there ;)
Have a good evening
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4.09pm... WFM miss on earnings, stock -7% in the $35s.
I don't have a position in that mess anymore though.
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more later.. on the VIX