Tuesday 21 October 2014

2pm update - freight train ramp

US equities cotinnue to slowly climb, with sp'1935, and the VIX -11% in the mid 16.30s. Oil has turned lower, -0.5%. Metals are holding minor gains, Gold +$4. Near term outlook is bullish into the 1950/60s.


spdaily5


Summary

Little to add, on what is day'4 to the upside.

Notable strength: DRYS +6%, back in the low $2s.

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... back at 3pm... if I can stay awake.