With a sporadic headline that Russia and the house of Saud have provisionally agreed to freeze oil output, 'normal service' has resumed for US equities. With the sp' +14pts @ 2056, a net daily decline is off the menu... and now its a case of whether 2075 will hold.
*for the moment, VIX is holding rising trend.
What can be said other than its the usual nonsense once again.
Yet again, a sporadic news story about Oil has been the excuse for renewed equity strength.
Its beyond tedious.
Here in London city..
Right now, the sunshine is small consolation for the semi-nightmare that is happening in equity land.
time to cook