Thursday 10 December 2015

1pm update - turn your screen off?

The sp'500 is +6pts @ 2054, and for anyone at least semi-normal, its a case of 'turn off your screen until next Wednesday, 1.59pm'. Equity price action is increasingly subdued, and aside from the VIX hovering close to the key 20 threshold... its getting a little tedious.


sp'60min



VIX'60min



Summary

So yes... its getting somewhat tedious at the casino.

.. but that does give opportunity to put more focus on individual stocks across the next four trading days.

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notable strength...

Consol Energy (CNX)


A powerful gain of 8.5%.. but broadly... an utter train wreck. Even a move to $9.00 - where the 50dma is lurking, would do nothing to the broader trend.
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stay tuned... and say hello... if you like!