Friday, 20 November 2015

10am update - opening gains

US equities open moderately higher, with a new weekly high of sp'2095. VIX is naturally subdued, -4% in the 16s. Regardless of the rest of today... it will have been a powerful week for the US market, having secured a floor of 2019.




There really isn't much to note.

There is ZERO reason why the market will see anything other than algo-bot melt today...  but with increasing chop into the opex close.

notable strength: INTC, +1.6%, as some traders are starting to chase it.

weakness, miners, GDX -0.4%.. as Gold turns fractionally lower.

back at 11am