US equities are choppy, if still holding broad gains. Nat gas has swung from $7.15 to $6.70.
sp’60min
VIX’60min
Summary
For a Thursday, the bulls should be pleased with this mornings’ style of price action. A foray into the 4600s looks due… if not until early May.
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notable stock: CLF
Early weakness to the $29s, but recovering to the $31s. Soft target $33s, as seems realistic with earnings tomorrow.
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notable weakness: FCX
Its outright ugly in Freeport. Not justified.
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notable stock: LAC
Another of the commodity stocks that are lower for no particularly good reason.
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notable miner: GOLD
Barrick Gold lower with the sector, not helped with Gold $1938s.
time for lunch…