Monday 27 October 2014

3pm update - falling asleep into the close

US equities have started the week with a day of minor weakness, and there is little reason why the bulls will be able to attain the 1970s this side of the FOMC announcement. Energy prices remain weak, but well above the morning lows.


sp'60min


Summary

Little to add... on what is essentially just a holding pattern ahead of the FOMC.

Notable weakness, miners, ETF of GDX -1.4%.... still set to lose the 20s.
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Urghh... check this out...


Yeah... lets get some 'real investor advice'...
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back at the close.