sp'60min
Summary
Market is seeing a minor cool down... but broadly... even the sp'1900 threshold looks out of range.. before the 1950/60s are first hit. So... I'd be looking for some latter day upside.
-
early movers
CHK +2.5%... early gains, but is still in dire trouble
FCX -5.3%... as above
RIG -2.6%.... more trash...cooling
GDX +1.7%... as Gold rises, but looks highly vulnerable if Gold cools to the $1180s, before the next up wave into the spring.
TVIX +4.0% @ $8.50... but 7s look due if sp'1960s.
---
Overnight action
Japan: -0.4% @ 16052
China: -0.8% @ 2903
Germany: currently -0.9% @ 9487
-
Have a good Tuesday