3pm update - another day... another new high

After a little chop, the market is seeing some post fedspeak relief, with the sp'500 breaking a new historic high of 2134. VIX remains subdued, -1% in the 12s. USD is somewhat choppy, but still +0.2% in the DXY 95.40s. Metals tried to bounce, Gold +$2. Oil is holding sig' gains of 1.4%.. as inventories continue to decline.


sp'60min

Summary

*the Dow came within 1pt of yesterdays new high
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So.. its turned out to be just another day in favour of the bull maniacs.

re: FOMC minutes. It would seem June is broadly out for a rate hike, but given a few more months.. the FOMC of Sept 17th looks a prime opportunity for the first rate move.

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notable gains.. BABA... breaking into the 90s.

The big gap zone of 92/97 now looks easy... and from there... the giant $100 threshold.
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3.10pm... Airlines still struggling... UAL -9.5%...


3.22pm.. oh noes... indexes turn red... sp -3pts @ 2124.....  how can this be allowed? 

Trans -1.9%... 8507       UAL -9.9%