Friday, 28 November 2014

Closing Brief

US equities closed with some mixed chop, sp -5pts @ 2067 (new historic high 2075). The two leaders - Trans/R2K, settled u/c and -1.4% respectively. Near term outlook is for continued upside to the low sp'2100s.


sp'60min


Summary

*no doubt, some equity bears will be getting moderately excited with the late morning weakness, but frankly.. its all minor noise.
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Little to add.... will post a great deal on the metals... and energy.. in later posts.

Have a good weekend!
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*A full set of updates across the rest of the day.. to wrap up the trading week.