2pm update - underlying strength

US equities are holding rather powerful gains, with the sp' set for a close in the 2060s. VIX is in classic melt mode, -9% in the 17.40s... the sub teens are due.. if a straight up move to sp'2100. Metals are sliding, Gold -$4. Oil has failed to hold opening gains of around 1%... now -0.7%.


sp'60min

VIX'daily3

Summary

I reading around a little... I think far too many are again getting overly focused on the minor noise.

The jobs data is surely going to come in 'fine' tomorrow (not that I'm one for US Govt' stats)... market should merely continue higher... whether from the open.. or by the close.. it makes ZERO difference.
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*I still think many are not taking the recent break higher to new highs in the R2K seriously... but then.. few took the Transports seriously in late 2012.

Notable strength: AAPL +3.9%