Monday, 17 November 2014

1pm update - its turning tedious again

US equities are back to the same tedious micro chop seen in the previous two weeks. VIX is back to melt mode..cooling, now +5.6% in the 14.00s. Metals remain weak, Gold -$7, whilst Oil is similarly pressured by a rising USD, -0.9%.


sp'60min


Summary

Little to add.. on what is again turning rather tedious.
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Notable weakness.... TWTR -2.9%


Friday saw a break into the $39s..and that seems likely again.. whether late today..or tomorrow.