3pm update - ending the week on a positive note

US equities are ending the week on a distinctly positive note, continuing to rebound from the Thursday low of sp'1810.. already +48pts at 1858. The VIX continues to cool, -8% in the 25s. Gold is cooling, -$7 in the $1230s. Oil is 11% in the $29s... on what remains, mere rumours/chatter of possible supply cuts.


sp'60min

Summary

Well, its been a tough week... and its kinda useful that today is rather subdued.


--
To poster:  Brelsa... this is something I finally just got around to adding to my main trackers list on my trading screen, and also to stockcharts...

INFN, daily

Considering the broader market outlook, further downside looks due, at least to the $11/10s by the late spring.

Earnings were really good - see HERE, and the stock merits keeping an eye on.. as the sp' implodes to the 1600s.
-

back at the close