Wednesday 21 January 2015

Pre-Market Brief

Good morning. Futures are moderately lower, sp -5pts, we're set to open at 2017. Metals continue to climb, Gold +$7. Energy prices are bouncing after yesterday's huge drop, Oil +1.4%.


sp'60min

Summary

There is little to add.

Today will likely be a day of chop.... ahead of the ECB.
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Notable early strength: NFLX +18%, better than expected EPS.

Weakness: IBM, -3.0%... post earnings depression
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Update from the overly loud Oscar

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hmm

9.40am huge opening reversal... to the upside.... 

Someone just hit the BUY button... or rumours on the ECB ?