Closing Brief

US equities closed significantly higher, sp +22pts @ 2108. The two leaders - Trans/R2K, settled higher by 1.7% and 0.7% respectively. Near term outlook still offers weakness next Mon/Tuesday, but the broader trend remains bullish.. at least into June. A weaker USD and higher Oil prices will no doubt help.


sp'60min

Summary

.. and another week comes to a close.

Without question, the momo chasers had a particularly rough week... YELP, LNKD, and of course... TWTR. By some minor miracle.. I had the sense to avoid the latter... but I had been tempted.

Thanks to those who said hello this week... it makes all the difference!

Have a good weekend everyone.
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*the usual bits and pieces across the evening.. to wrap up the week