Friday, 22 November 2013

10am update - opening chop

The main indexes open with some mixed chop. With no significant news due today, it will probably be a quiet end to the week. Metals are still trying to rally from recent lows..but look very weak. The weaker USD, -0.4% is no doubt helping a little.




It could be something of a tedious day...maybe the momo stocks or metals will show some decent moves.

*I am back on the short-SLV train from 19.23, seeking an exit in the mid 18s..early next week.