Friday 5 December 2014

11am update - awaiting splashdown

Whilst the US equity market sees moderate gains... the Orion vehicle has done almost two full orbits.. and is set to land in the eastern pacific. Meanwhile, with the USD building gains, metals remain weak, Gold -$12, whilst Oil is lower by a very significant -1.9%


Dow, daily


USO, daily


Summary

*notable new historic high in the Dow... sp'500 looks set to follow... as market digest much better than expected jobs data.

The Dow 18000s are due.. along with sp'2100s.. before year end.

Weakness in the metals and oil is to be expected.. not least with the strong USD.

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Live coverage...


Broadcast live streaming video on Ustream

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There should be some good video from Orion... enjoy the landing

11.32am.. .. and that is how you land on Earth..!