Market Analysis, Charts, Macro-Economics, and other nonsense
Tuesday, 23 December 2014
11am update - micro cooling
US equities are cooling a touch from the earlier highs... with the R2K set to slip under 1200. Metals are holding minor gains, Gold +$5, but looks vulnerable to closing red. Oil is holding sig' gains, +1.6%.
sp'60min
Summary
With the econ-data out of the way... market is back into micro holiday chop mode.
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Notable strength: TCK +4.5%
Although both FCX and TCK look highly vulnerable, with Copper prices still <$3... with low $2s viable next yr.