1pm update - the chop continues

US equities remain in very minor chop mode.. ahead of the weekend, sp -1pt @ 2120. Metals are holding slight gains, Gold +$2. Oil remains well above the early morning low, -0.5%. VIX remains subdued, -1% in the 12s.


sp'60min

TLT, daily

Summary

Little to add...

Notable strength in long dated bonds... TLT +2.0%.. with a break of trend. In many ways.. the move is bonds is the somewhat overlooked issue today.
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weakness: FB -1.2%... with some sig' vol' right now.

back at 2pm...