12pm update - utter tedium

US equities are in nano chop mode, with marginal new highs for some indexes. The Nasdaq comp' is higher for the 11th consecutive day... a mere 0.5% from hitting the giant 5k threshold. Metals are holding minor gains, Gold +$5. Oil has re-built gains of a somewhat significant 1.4%.


Nasdaq Comp', daily

GLD, daily

Summary

Aside from a few dynamic movers like HPQ and CHK.. it is simply another day of tedious algo-bot melt... to the upside.
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VIX update from Mr P.


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time for lunch... back at 2pm