Monday, 29 December 2014

11am update - new week, new highs

US equities continue to claw broadly higher, with new historic highs in the Sp'500 (2093), and the R2K (1220). VIX is holding moderate gains, but the 12/11s still look due in the current multi-week up wave. Oil is back to flat.. whilst Gold is on the slide, -$13.


GLD, daily


Little to add....

Notable strength: BAC +1%... in the low 18s... cruising to $20.. and beyond. 2015 will be the year for financials.

time for an early lunch