Thursday 27 November 2014

Daily Wrap

US equities saw a natural day of micro chop, with the sp'500 settling +5pts @ 2072. VIX remains subdued, -1.5% @ 12.07 (intra low 11.91)... back to levels from mid September. Broader outlook remains for another 2-3% of upside before the next minor retrace of 4-6%


sp'daily5


R2K, daily


VIX,daily3


Summary

Not surprisingly, a quiet day.
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Looking ahead

For many.. it will be a day of roasted Turkey. I guess that is bullish.. yes?

Happy Thanksgiving to my American readers!

Goodnight from London
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*I will probably post something on Thursday... not least on Oil, which will likely react strongly to the outcome of the latest OPEC meeting.