Monday, 20 July 2015

1pm update - the two leaders are rolling over

Whilst the headline indexes - sp'500/Dow/Nasdaq, are holding minor gains, the two indexes that often lead the market lower (if only for a retrace!) - Trans/R2K, are both moderately lower. Metals and Oil remain very weak.


R2K, daily


Little to add.

Equity bears could do with the Dow/SP' closing flat/marginally negative... along with VIX 12s.

notable weakness:  Copper miners, FCX/TCK, both lower by around -4.5%

strength: AAPL, +1.9% in the $132s

VIX update from Mr T.  ..

back at 2pm