Friday, 16 October 2015

Closing Brief

US equity indexes ended the week on a moderately positive note, sp +9pts @ 2033. The two leaders - Trans/R2K, settled -1.6% and u/c respectively. Near term outlook is for further upside to the sp'2040/60 zone... by the next FOMC (Oct' 28th).



*closing hour action: new highs for the week in the closing minutes... kinda unusual for an opex, where we've already seen such a strong run up.

... and another week comes to a close.

For those in bear land.. another lousy week, as the market continues to claw higher from the 'jobs Friday' low of 1893.

I for one am glad to see this week done with. Thanks for the messages/hellos this week... 

Have a good weekend.. if you can.

*the usual bits and pieces across the evening.. to wrap up the week