Wednesday, 2 September 2015

2pm update - rainbows, awaiting the unicorns

US equities are  holding significant gains, with the sp +21pts at 1935. The VIX is confirming the move with a break under the bear flag... -10% in the 28s. Further equity upside looks due tomorrow.. and broadly.... into next week.


VIX'60min


Summary

Well, little to add..

Ohh... but there is a Fed beige book due at 2pm... and maybe the Algos will use it as an excuse for a daily close in the 1940s... setting up 1960/70s tomorrow.. if the CEO of EU Print central pleases the market.

--
Meanwhile... outside...



So.. I've got the rainbows.. but where the hell are the unicorns?

--
back at 3pm