12pm update – lunchtime bounce

US equities continue to try to bounce. Underlying price action isn’t pretty… not least within yields/bonds. VIX is slowly cooling back.

sp’60min

VIX’60min

Summary

A little bounce into the mid afternoon would be pretty natural.
Clearly though, we should settle net lower to some degree.

Yours truly is merely looking to pick up my original Block’1.


notable stock: DIS

Mostly just on hopes of an end to the writers strike.

notable stock: TSLA

Along with the main market, it should settle net lower.


notable miner: FCX

… with copper -9cents at $3.68.