Thursday 19 June 2014

11am update - late morning chop

Equities are seeing moderate chop, although it is notable that there is next to zero downside power, and market will likely melt higher into the Friday close. Metals are holding strong gains, Gold +$20, with the miner ETF of GDX, +2.7%.


sp'60min


Summary

Little to add.

What little sell side volume there is... negated by today's sig' QE.

Notable movers: TSLA +3%, DRYS +2.4%
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