12pm update - climbing ahead of the hole

US equities are generally holding moderate gains, with the sp'500 breaking a new historic high of 1992. Significant early weakness in the R2K has been largely reversed, and looks set to close flat/slightly higher. Metals remain weak, Gold -$14


R2K, daily

GLD, daily

Summary

So...the inexorable climb continues, and there is little doubt that this mornings QE fuel (if only 1.5/2.0bn) is helping.

The early twitchy price action in the VIX remains an anomaly.. I've not seen anyone else mention it yet.
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*no idea if the guys at optionmonster will be doing any more VIX updates
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time for lunch