11am update - floored at 1839... probably

Some minor morning chop/weakness, and it looks like we have a reasonable floor at sp'1839. Metals are holding moderate gains, Gold +$7, and this is helping the miners, GDX +1.9%, but both remain broadly weak. VIX is seemingly likely to melt lower into the weekend.


sp'60min

GLD, daily

Summary

Econ-data came in a little weak, so..that was an excuse for the minor weakness.

With $2-3bn of QE today, there is little reason to expect any further downside today. VIX reflects a market that is fearless..knowing that the Yellen will soon be sitting in her command chair..eager to hit the PRINT button.
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TWTR, +4%, I've no idea on next earnings...from what I know, another loss is due, which would explain why its not valued at 1 trillion $ yet.