Tuesday 26 August 2014

12pm update - more of the same

US equities continue to melt higher.. if at an even slower rate... to sp'2005. There is viable upside to 2010/15 by late Wednesday. Metals are holding moderate gains, Gold +$8. VIX is holding the 11s, despite further equity gains.


sp'daily5


Summary

Little to add.. on what is an extremely tiresome day of QE fuelled algo-bot melt.
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VIX update from Mr T. (audio not so great)


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back later...