Monday, 14 March 2016

2pm update - moderately mixed

US equities remain moderately mixed, with the sp -2pts @ 2020, and the Dow +27pts @ 17240. There are rather obvious upside price gaps of Dow 17405/425 and sp'2038/43. VIX is broadly subdued, +2% in the 16.80s. The 15/14s look probable by Wed' afternoon.




Little to add... as the market is more than comfortable to churn ahead of the next econ-data and the FOMC.

notable weakness, miners, GDX -3.4% @ $19.30. The mid 17s look possible... briefly.