sp'60min
sp'daily5
Summary
So, we're set to open somewhat higher.... pulling up and away from the somewhat scary Tuesday low of 1903.
I will want to see VIX under the 30 threshold today... and broadly cool to the low 20s next week.
early movers
AAPL +1.0% in the $108.80s
DIS +0.9% in the $100.40s
NFLX +0.5% in the $106.40s
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Doomer chat, Hunter with Berwick
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Overnight China action: Underlying weakness continues... with the Shanghai comp' -0.2% @ 3160. It seems likely there was some Govt'-buying into the close.
*China is closed for the rest of the week for a WW2 anniversary. With the US closed next Monday... that arguably favours the equity bulls... as things can at least calm down into next middle of next week.
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Have a good Wednesday
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8.30am.. ADP jobs , 190k.. a touch light.
Productivity, +3.3% annualised... thats rather okay... best level since Q4 2013.
Unit labour costs, -1.4%... and that is bullish for profits!
sp +18pts... 1931... VIX will be set to lose the 30s.
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Lots of data to come... Factory orders, EIA oil report (a big draw down sure would help Oil today.. and thus energy stocks/main market)... and a Fed book in the afternoon.
notable strength: AAPL +1.7% in the 109s.. NFLX +2.4% in the 108s.
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8.47am.. gains building, sp +23pts.... 1936. AAPL 110. . DIS 101
Ford (F) +2.0%.. 14.00
9.14am.. sp +27pts.. we're set to open at 1940.. with VIX in the 29/28s....
On track for sp'2000.. with VIX 22/19.