Monday 27 April 2015

Closing Brief

US equities closed somewhat weak, sp -8pts @ 2108 (new historic high 2125). The two leaders - Trans/R2K, settled lower by -0.8% and -1.2% respectively. Outlook is for continued broad upside into May.. if not across the summer... helped by a retracing USD.


sp'60min



Summary

*awaiting earnings from the tech behemoth of AAPL
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A pretty tedious day.

More than anything, I'm beyond tired of seeing the same nonsense talk across the usual sites. The same people calling another top... on the very day that two of the bigger indexes (sp'500/NYSE comp') break new historic highs.

The broader trend remains bullish.

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more later.. on the VIX