12pm update – lunchtime chop

US equities are choppy, with the Transports having turned positive. WTIC $71.86. Gold… prints yet another new hist’ high of $2759, with Silver $34.97.

sp’60min

VIX’60min

Summary

Suffice to add… still leaning a little weak, but it barely rates as ‘moderate’.

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notable Dow component: INTC

Underlying weakness.
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notable weakness: LMT

Lets be clear… earnings were fine.
Yesterday’s black candle played out.
Mid/long term bullish, as planet Krazy loves its wars
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notable trans: NSC

Along with GM, NSC is skewing the transports index to green.
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notable miner: PAAS

Higher with silver.

Time to venture out