Monday, 3 November 2014

12pm update - choppy Monday

Equity indexes remain seeing minor chop, but having notably broken new historic highs in the Dow and Sp'500 (2021). Overall price action looks set to remain relatively subdued until after the US election results (Tuesday night). VIX is creeping higher.




Little to add.

Market will likely see minor chop for the rest of today.. and especially across tomorrow.

Miners are holding gains, the ETF of GDX +1.8%.. but its a mere small bounce after last weeks massacre.

VIX update from Mr T.

time for tea