2pm update - tiresome Thursday

The earlier moderate declines have been entirely reversed, with new historic highs in the Dow and sp'500. VIX has naturally turned red. Despite a weak USD, -0.3%, the metals are not able to push higher, Gold, -$3, whilst Oil is -0.9%.


sp'60min

Summary

Truly.. utterly tedious... and with new historic highs, the bears are back to square one.
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Notable weakness... in the energy sector...

SDRL -4.9%...

The monthly chart remains one of the biggest horror shows of the year..

I still like the company, but frankly, even at $10 in Jan/Feb... I ain't especially tempted.. not until Oil looks decisively floored.
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back at 3pm