Tuesday, 9 December 2014

11am update - broadly weak

US equities remain very weak, with significant declines across all indexes. VIX is holding sig' gains, +12% in the upper 15s. Metals are higher, Gold +$24, helped by a weak USD, -0.7%. Oil is very choppy, back to gains of around 1.0%.


GLD, daily


Suffice to say... with some decent downside... its a far more interesting market!

Renewed weakness in the afternoon seems likely.. sp'2030.. with VIX 17s

Notable weakness: airlines, DAL -2.5%