Friday, 20 February 2015

Daily Wrap

US equities closed moderately mixed, sp -2pts @ 2097 (intra high 2102). The two leaders - Trans/R2K, both settled effectively unchanged. Near term outlook remains offering a minor retrace to the 50dma in the 2050s next week.




*the second market leader - R2K, looks especially strong, having broken into the 1230s.

It has been a pretty tedious 3 trading days.... I'll be glad for the weekend, and I'll leave it at that.

Econ-chatter - Mr Long.. with Faber


Closing update from Riley


Looking ahead

The only data of note is PMI manufacturing.

It will be opex... so expect increasing chop/price action into the weekly close.

Goodnight from London