Thursday, 20 November 2014

2pm update - gains for the two leaders

US equity indexes are still holding moderate gains, with notable strength in the two leaders - Trans/R2K, of 0.5% and 0.8% respectively. However, both remain within short term moderately weak downward trends. VIX remains... very subdued, -1% @ 13.80.

R2K, daily



Little to add.

Today's gains.. if they hold are just another sign of the underlying strength, or maybe its just a case of 'holding the market up into opex'?

Regardless... until a daily close <2040.. this is really tiresome.

Notable strength, INTC +3.1% @ $35.40s, finally breaking the high from early September.