Thursday, 31 December 2015

12pm update - Chicago PMI is trending

US equities remain moderately weak, with a few aspects of support in the sp'2044/38 zone. Meanwhile, it is rather surprising to see that the latest Chicago PMI number is trending on Twitter. Without question, the 42.9 print is a truly lousy number, and it bodes badly for the econ-bulls in Q1.

An econ-data print makes it to the mainstream



Of all the things to see trending on Twitter, I'd never have expected to see Chicago PMI be one of them.

Considering there is a lot of chatter today for New Years Eve/day, it is very surprising to see an economic data print make it to the top ten.

As for equities.. we'll see a clear attempt to claw back out of the danger zone.. and I can't be the only one who realises how important the sp'2050s are.


VIX update from Mr T.

time for lunch