Friday, 17 July 2015

12pm update - choppy OPEX

US equities are mixed, and certainly choppy, having likely seen a short term peak of sp'2128, with VIX 11.77. In any case, all indexes are set for significant net weekly gains. Metals remain very weak, Gold -$13, with Silver -0.8%. Oil continues to slide, -1.2%... in danger of losing the key $50 threshold.




Market looks set for some degree of weakness into the weekend. After very sig' gains this week, at least some of the bull maniacs are likely to close their positions.. not least with it being OPEX.

Best weekly close for the bears:  sp'2110, with VIX in the 13s.

meanwhile... in Greece

VIX update from the Godfather

back at 1pm