Tuesday 24 February 2015

11am update - morning chop

Equities have turned a little higher, with a new historic high of sp'2113. VIX has broken a new cycle low of 13.87. Metals remain weak, Gold -2. Oil is building gains, +1.5%.


sp'60min



VIX'60min


 Summary

... and I return from land of sleep, which is what happens when you try to live on GMT and EST at the same time.
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So... we've another new cycle high... if marginal. Its only 11am... and Yellen could well be talking for another full 2 hours. 

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*notable strength: HD, +3.5% in the $116s