Wednesday, 15 April 2015

1pm update - continued chop

US equities are still seeing some minor chop.. but look set for net daily gains. It is highly notable that the R2K and NYSE comp' broke new historic highs today. Oil continues to build very strong gains, +4.2%... the $56s are due. Metals are battling to hold moderate gains, Gold +$5, with Silver +0.3%



Little to add...

Market looks set for a net daily gain.. new historic highs for the sp/Dow.. look due.

Notable strength: INTC +4.7%... battling for the $33s... where the 200dma is lurking.

stay tuned... back for the Fed beige book at 2pm