Monday, 31 August 2015

12pm update - continued moderate chop

US equities remain moderately weak, in what is so far a choppy final day of the month. VIX remains notably strong in the upper 20s. The 30s look a given, with viable 'brief' upside to around 35. Oil has seen a very strong upside reversal, +3.5%.




Little to add.

I've no idea - other than a short-stop run by the algos, for the move to almost green on most indexes.

Broadly, we should still fall across the next few days... ahead of the jobs data.

EU market monthly closes

A few of the strong net monthly declines..

As usual, I will cover the EU.. and other world market monthly cycles this coming weekend.

VIX update from Mr P.

time for tea... or something stronger