sp'60min
USO'daily2
Summary
*the ongoing story about some incident in San Bernadino is clearly setting the mood for the closing hour.
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Clearly, a second daily close in the sp'2100s is well out of range.
Now its a case of whether Draghi can inspire tomorrow... and then if OPEC wants to support oil prices this Friday.
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3.14pm.. sp'2077... to 82... hmm. Overall market mood ain't pretty though...
notable weakness: copper miners, FCX/TCK, both lower by around -5.6%... as commodities are under USD pressure.
strength: CREE +2.0%.. but more on that one.. after the close.
DIS -1.2%... following the broader market.
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3.29pm.. Gold -$15... having broken a new multi-year low of $1049.. but hey.. does anyone else notice?
Oil is trying to recover from the lows, but still -3.4%... around the $40 threshold.
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3.41pm.. Transports remains very weak.. despite the lower energy/fuel prices...
Not bullish. The weekly close will be rather important.
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3.45pm.. chop.. around sp'2080... with VIX 16s.
In the scheme of things...its only borderline interesting... aside from the Transports.
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back at the close.