Tuesday, 6 October 2015

1pm update - vaguely interesting

The continuing weakness from sp'1991 is only vaguely interesting.. and even if we see the 1950s tomorrow, it should make for no consolation for those still resolutely holding short from last week. VIX +2%.. back above the 20 threshold.. but still 20% below last Friday mornings high.




Little to add.

A retrace of a 98pt hyper-ramp is clearly underway... obvious 38%.. around the gap zone... viable Wed/Thursday.

Tiresome day...  and it seems most of you out there are in agreement.. and don't even have your screens active.

notable weakness, NFLX -4.3% @ $106s....    most of the momo stocks having issues today.
back at 2pm