Tuesday, 31 March 2015

12pm update - minor weakness

US equities remain a little weak, with key rising support in the sp'2070/75 zone. VIX is showing no concern, +1% in the 14.60s. Gold +$2... but set for a net monthly decline of around 2%. Oil remains broadly weak, -0.6%, also set to close the month net lower by around -2%.




Little to add.

Early declines.. nothing of significance.. and even if we break a new low in the late afternoon, it does little to negate the Monday gains.

Notable weakness: TCK -9.7%.. as the bid rumour chatter comes to nothing.

VIX update from Mr T.

Re: the broken ETFs/ETNs...

VXX, 5min

Clearly... someone needs to hit the reboot button.

time for lunch