Monday 25 August 2014

12pm update - QE to help hold the 2000s

US equities are slowly building upon opening gains.. with the sp' battling to hold the 2000s. Equity bears should be especially mindful of a looming $3bn or so of QE-pomo across Tue/Wednesday. That will greatly help offer sp'2010/15 in midweek.


sp'60min


Summary

A very quiet day to start the week.

At least there is some econ-data across the rest of this week to at least give something for the market to deal with.
-

VIX update from Mr T.


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time for lunch