Wednesday, 5 March 2014

3pm update - chop into the close

US indexes are seeing mixed minor chop, with the sp' still holding the low 1870s. The equity bears lack any downside power, and there isn't much hope of even a minor retracement until the jobs data this Friday. Metals are holding minor gains, Gold +$3.



A sleepy day...and from what I see, I'm not the only one out there who is tempted to close down the screen.

However, there are some notable movers out there...

DRYS, UAL, UGAZ...and now FB the $71s.

3.17pm... Oil, -1.9%... I'd not noticed this sig' fall until just being reminded by clown finance TV.

Still looks like we'll get a second daily close in the sp'1870s.