Thursday 19 February 2015

Daily Wrap

US equities closed moderately mixed, sp -0.7pts @ 2099. The two leaders - Trans/R2K, settled higher by 0.4% and 0.2% respectively. Near term outlook remains uncertain whilst the Greek situation remains unresolved, there is reasonable opportunity for a minor retrace to the 50dma in the sp'2045/50 zone.


sp'daily5


Dow


Summary

*Notable new historic high in the R2K, and post 2009 high in the Nasdaq Comp'
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Looking ahead

Thursday will see the usual weekly jobless claims, phil' fed, and leading indicators. Considering today's lacklustre response to an array of econ-data, it would seem market might just remain subdued for the rest of the week.

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Goodnight from London