Friday, 12 December 2014

1pm update - the FOMC clock is still ticking

Whilst some equity bears are (somewhat understandably) getting excited at today's declines, the window of opportunity for the bears is closing. Next Wednesday's FOMC will likely be a key turn... back upward into year end.. and beyond.


sp'60min


Summary

Not much to add.

Seeking renewed weakness into the late afternoon.
--

The Cheniere CEO appeared on clown TV...

TV appearance = UP
Not surprisingly, LNG stock spiked...   the higher Nat' gas prices are also helping.

Good company.. although I prefer CHK.