Monday 7 July 2014

11am update - running on half power

US indexes are moderately lower, but today's sig' QE-pomo of around $3bn will no doubt help negate what little sell side volume there is. Metals and Oil are both moderately lower. VIX is +7%, but 7% of a small number.. still makes for a very low VIX.


sp'60min


Summary

Well, I'm tired, Too much 'computer' stuff still to do today, and its really slowing me down here.

The fact I have a blazing headache the size of Nebraska is not helping.

time for a marginally early lunch

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*not sure what is going on with WFM, some kind of mini hyper jump this past hour. I need to see a daily close in the $40s to have any real hope on that one.