Tuesday, 18 February 2014

Closing Brief

US equities closed somewhat mixed, sp +2pts @ 1840. The two leaders - Trans/R2K, settled -1.0% and +1.1% respectively. Near term looks broadly bullish into mid/late March, with viable upside to 1880/1920 - so long as 1850 is broken before end Feb. VIX reflects a near fearless market.



Little to add, on what was a very muted day.

Merely, slow motion algo bot melt..to the upside, helped a little by some QE-pomo fuel.

more later..on the VIX