VIX'daily3
GLD, daily
Summary
*Gold remains close to losing the $1200 threshold... certainly, price action favours the bears into the Friday close.
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Without question, this is one hell of a complacent market, not least as Greece continues to teeter on the edge.
It should be clear that a GREXIT is possible at any point this summer, but for now.. the market simply does NOT care.
*as noted by Mr T earlier, there are certainly some who are picking up VIX crash-protection.
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notable strength: oil/gas drillers, RIG +3.7%, SDRL +8.1%
time for some sun.... back at 2pm