sp'60min
Summary
*the recent wave is arguably a sub'4 ABC 'bounce'... nothing more... with a sub'5... probably down to 1815/00 sometime tomorrow.
Indeed, I'd look for Friday as a somewhat decisive turn, with net daily gains...maybe a close in the 1830/40s.
---
So, we've even seen the sp' turn briefly higher to a high of 1867, but much like almost every day across the last few weeks, latter day weakness seems likely.
Notable gain: CHK, +14%, on an asset sale... although it does little to negate the collapse from the summer.
-
VIX update from Mr T.
--
time for lunch