Tuesday, 26 January 2016

3pm update - net daily gains

US equities are set to close significantly higher, although not fully negating the Monday declines. The market is naturally a little anxious ahead of AAPL earnings, but if they come in at least 'reasonable', the market will continue to rally toward the 1940s. The FOMC doesn't seem to offer the bears any near term hope.




Little to add.

The sp'1940s look very viable before the weekend.

notable strength...   SDRL +12.5% @ $2.06...   one such powerful up day does not negate the underlying threat that the company is going to disappear this spring/summer.

back at the close