Monday 2 November 2015

1pm update - its getting a little tedious again

US equities are still managing to claw higher.. if it at a nano-scale pace... with sp'2095. VIX has naturally cooled, -5% in the 14.20s. With the USD battling to turn positive, the metals and Oil remain under pressure... Gold -$6, with Oil -0.5%.


sp'60min


Summary

Price action really is super small scale chop... leaning on the upside.

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notable strength...

FB, +1%..


*earnings due at the Wed' close. Current PE is in the high 30s... not exactly cheap.. with no dividend.

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back at 2pm