Saturday 7 February 2015

Powerful net weekly gains

Equity bears were again cruelly teased this week, with a Monday morning low of sp'1980, only to then see a hyper ramp to a Friday morning high of 2072. Despite continuing concerns about Greece, the sp'500 saw a net weekly gain of 60pts (3%), with the Dow +659pts (3.8%) @ 17824.


sp'weekly7


Dow, weekly


Summary

Its been a long week, but a somewhat profitable and entertaining one. I'll leave it at that.

Goodnight from London
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*the weekend post will be on the US monthly indexes