1pm update - afternoon chop

It remains a very quiet day in market land. The sp'500 is so far holding the giant 2000 threshold, not that it particularly matters in terms of the bigger trend. Metals remain weak, Gold -$15. Oil is similarly weak, -1.4%, although Nat Gas is +1.4%


sp'daily5

Summary

Little to add.. on what is a quiet start to the week.

Notable weakness: CHK, -2.9%, SDRL, -2.7%.. anything related to oil/gas being hit pretty hard today.

--
VIX update from Mr P.


-
stay tuned