Wednesday, 27 November 2013

2pm update - continued micro chop

The main indexes are holding slight gains, after briefly turning red. It remains a naturally quiet pre-holiday day. Metals remain weak, Gold -$3, Silver -0.8%. Oil is significantly lower, -2.0%. VIX looks set to melt lower into the close.


AAPL, daily


Little to add..things are likely to largely flat line into the close.

Certainly.. sp' is still stuck under the 1808 high, but hey..other indexes are breaking new highs today..most notably the transports.