Monday, 15 July 2013

11am update - minor chop

The main indexes are largely flat, and its turning out to be a very quiet start to the week. Underlying pressure remains strongly to the upside though, and bears are utterly powerless. Oil is starting to slip again, after recovering back to flat (from -1.25%).



What remains clear more than anything...bears have NO  hope in the immediate term.

Despite Q2 GDP expectations consistently being revised lower, the market...just doesn't care.

..but all that matters. ...right?

ohh..and that reminds me...AMZN, when does that loss maker post its next loss making quarter?