12pm update - more threats from the Fed

With the sp'500 breaking to 2089.81.. the bulls achieved another victory, having climbed from the Monday low of 2056. Or is this a fractional fake out? The real problem remains the sporadic threats from the Federal reserve... not just about delaying a rate rise... but even of QE4. Oil has built sig' gains of 2.5%, into the $53s.


sp'daily5

VIX'daily3

Summary

*ignoring the minor noise for this hour... with a few daily charts.
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What is clear.. we are higher for the third consecutive day.. and currently... market mood is unquestionably at least 'reasonably' calm. There isn't even any talk of Greece in the mainstream.

As for the Fed, it is of course laughable.. but also contemptible to see the sporadic threats from various Fed officials to keep rates low (so much for retirees).. or for simply re-spooling up the printing.

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notable strength: SDRL +6.4% @ $10.98... helped with continued Oil gains.
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VIX update from Mr T.



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time for lunch