11am update - micro chop

As the Yellen continues to answer questions from intellectual giants such as Maxine Waters, the equity market remains in micro chop mode.. with some indexes already turning back positive. Gold is +$3.. but looks particularly weak. Oil is similarly weak, +0.1%... set to turn negative.


sp'daily5

Summary

*the questioning from Waters remains utter train wreck TV. I'm fuzzy on exactly what district of the USA she is representing.. but really... I can only imagine what Yellen is thinking at times of those who question her.
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So... micro chop.. but there is some action out there...

Notable weakness...

CHK -11.4% on lousy earnings.

HPQ -9.9%.. post earnings

... a loss of the key 200dma, as Mr Market mulls the longer term outlook for one of the 'once great' tech giants.