US equities remain in minor chop mode, still leaning on the weaker side. The precious metals have swung strongly upward, Gold printing $1868s and Silver $24.77, partly helped as the USD cooled back to u/c
sp’60min
VIX’60min
Summary
Little to add, for what is just subdued minor chop. A large part of the remaining 18 trading days (inc’ today), could be expected to be the same.
The only wild card… the election, and Dec’14th is a key date, although from what I understand, it could be delayed by any given state, never mind the issue of an eventual contested vote.
–
notable stock: TSLA
A new day… a new historic high.
–
notable bond ETF: TLT
Bonds catching a bounce, with yields moderately lower. TLT has a viable s/t double floor from the $154s. Next FOMC Wed’ Dec’16th.
—
notable miner: GOLD
Barrick Gold is powering upward with the sector, with multi-day price structure of a bull flag. We have an increasingly secure floor from key price threshold of the $22s.
Yours… cooking… as night falls…