AFTERNOON LULL
Off the highs but still pretty pretty good as the DJIA is +260, NAZ +50 and SPX +34.
Strong- metals, oils, ags, emerging markets and telecom while biotech, small caps, drugs and utils lag.
NYSE- 1800 net green;
NAZ- 870 net green;
NDX- 80 GREEN;
OEX- 96 GREEN;
DJIA -29 GREEN;
VIX- 46.3 and down 13.75%;
Up volume about 8x down;
Roger with some election day thoughts - and agreeing with him on the eventual turn;
Nouriel on China;
The worst of times from BESPOKE;
The October surprise;
And the morning parrot still waiting for the tightening;
Looks like the market has been temporarily rejected at the SPX 1K number but I suspect that gets taken out before long and then next intermediate stopping point appears to be near the 1050 line.
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