Tuesday 30 December 2014

11am update - time for a turn

US equities are moderately lower, but look set for a latter day rally. The sp'2100s are still on course, not least with the recent breakout in the R2K. Oil remains choppy, and has already started to cool from the earlier high. Metals are building gains, Gold +$21... but having been broadly choppy since September.


sp'60min


Summary

So... anyone want to get overly excited about this mornings minor down cycle? Seriously, any top callers out there today?

Market looks set for at least some degree of latter day rally... as has often been the case across the last few years.

Notable weakness: TWTR -2.3%.... its been a rough year for that stock...

TWTR, daily

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time to cook!