Monday 11 November 2013

12pm update - remaining quiet

The main indexes continue to just see minor chop, although it is notable that the Transports is managing gains of 0.4%. Metals remain weak, but susceptible to a minor afternoon rally. Oil holding moderate gains of 0.8%


Trans'daily



Summary

I suppose a quiet day is a good thing, but really, it'd be good to see the indexes swing a bit more this afternoon.
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TSLA, daily


The TSLA bull maniacs are getting overly excited at a near term floor. Hmm. I'd sure not be a buyer until the 110/100 level, and even then..who wants to buy that over-valued nonsense? 

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VIX update from Mr T



Time for tea.