sp'daily5
VIX'daily3
Summary
*... awaiting the EIA report.. due at 11am.
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So.. we remain weak... and things look on track.
The sp'2020s.. with VIX in the low 20s.. look within range for next Mon/Tuesday.
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11.01am.. 4.2 million barrel surplus..... Oil swings wildly... back to -1.9%.
Equities have seen a nano spike to sp'2066... but broadly... this is all minor noise.
USO, daily2
With the Oct'27th low taken out... its open air sub $40 for WTIC.
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11.21am.. the weakness resumes... sp -12pts.. 2063.
Gold -$6... 1078.. a mere $6 from breaking a new multi-year low.
notable weakness: FCX -5.6%.. a copper prices fall to $2.17
11.37am... sp -14pts @ 2060.... this is all rather entertaining.
Fed official Dudley.. coming right up!