Major chop/snoozefest happening today in the equity markets as the SPX is higher by 2, NAZ -2 and the DJIA -4.

Strong sectors- trannies, metals, homies, energy and retail while semis, telecom, tech and banks lag.

Market internals a hair better than flat with SPX over NAZ;

VIX - down 2% at 31;

Metals and commodities continue higher although off their best levels.

Looks like a difficult day to make any money as my usual trading vehicle SSO has been in a very tight trading range all day- A little pop before the end of the day is probably in the cards - but no homeruns.


Blogger Rick Sommer said...

Did you see Eric on recent tour?

4:08 PM  

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