10am update - failed opening gains

US equities open moderately higher to sp'2028, but quickly fail... already turning a little red. Metals are holding strong gains, Gold +$13. Energy remains exceptionally weak, Nat' gas -5.5%, whilst Oil is -4.5% in the $46s. VIX turns positive... back in the 21s.


sp'60min

VIX'60min

Summary

Hmm... so.. early gains of 0.6% but having completely failed.

VIX is indeed now positive, but with Dow -100pts, VIX was only +2%.. not exactly a great sign for those seeking much stronger downside across the day.
-

Notable weakness... FXCM... -86%

There is still time to open an FX account... I'm sure your money is safe!

Leverage is only 50-1.

$50 account deposit... worse case.... you get a bill for ONLY $2500 the next morning... unless there is an overnight gap up/down.. in which case.... they'll be coming for your house... and anything under your mattress.
-


10.16am... VIX turns red already... does not bode for those seeking major downside. 

Notable strength, airlines....no doubt.. due to lower oil