Thursday, 28 August 2014

Closing Brief

US equities closed a touch weak, sp -3pts @ 1996. The two leaders - Trans/R2K, settled lower by -0.3% and -0.6% respectively. Near term outlook offers a chance at a further wave lower to 1985/80, but the primary trend remains very... very strong.



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

*I hold long overnight, via  SDRL.. which managed a moderate gain.

more later.. on the VIX