Tuesday 2 December 2014

11am update - remaining vulnerable

US equities are holding gains.. but it is the typical turn time of 11am.. and Mr Market is certainly vulnerable to cooling back lower for the rest of today. With a higher USD, Gold is under pressure, -$12, whilst Oil is -2.5%.


sp'60min


Summary

Suffice to say, if bears can turn the indexes fractionally red by 1pm... it'll make for an interesting afternoon.

VIX is so far in melt mode, -6% in the 13.30s.
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Notable strength: BAC +1.6%