VIX'daily3
Summary
Little to add.
VIX remains very subdued, and will likely remain under the big 20 threshold until at least mid October.
--
more later.. on the indexes
Wednesday, 3 September 2014
Volatility fractionally higher
With most US equity indexes settling a little lower, the VIX managed to claw a touch higher, closing +0.9% @ 12.36. Near term outlook is for VIX to remain within the 13/10 zone.
VIX'daily3
Summary
Little to add.
VIX remains very subdued, and will likely remain under the big 20 threshold until at least mid October.
--
more later.. on the indexes
VIX'daily3
Summary
Little to add.
VIX remains very subdued, and will likely remain under the big 20 threshold until at least mid October.
--
more later.. on the indexes
Closing Brief
US equities closed moderately mixed, sp -1pt @ 2000. The two leaders - Trans/R2K, slipped by -0.2% and -0.6% respectively. Near term outlook offers the sp'2020s in the remainder of the week.
sp'60min
Summary
A relatively quiet day of minor weak chop..and there really isn't much to add.
The only moves of note were in Oil/Gas.
Other than that...its now a case of waiting to see what the ECB decide upon tomorrow morning (due around 7am EST).
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Meanwhile.. in Iceland... (link subject to change... eventually)
The Bardarbunga issue remains a major one for months ahead for all those in NW Europe, but for now, its merely a long fissure, rather than an explosive volcano.
This is bullish land/resource sector..yes?
-
more later.. on the VIX
sp'60min
Summary
A relatively quiet day of minor weak chop..and there really isn't much to add.
The only moves of note were in Oil/Gas.
Other than that...its now a case of waiting to see what the ECB decide upon tomorrow morning (due around 7am EST).
--
Meanwhile.. in Iceland... (link subject to change... eventually)
The Bardarbunga issue remains a major one for months ahead for all those in NW Europe, but for now, its merely a long fissure, rather than an explosive volcano.
This is bullish land/resource sector..yes?
-
more later.. on the VIX
3pm update - weak chop into the close
Most US indexes look set to close moderately lower, with the sp' in the 2005/1995 zone. Overall, the primary trend remains comfortably intact... ahead of the ECB tomorrow. Oil is holding sig' gains of 2.3%, whilst Nat gas remains weak, -1.3%.
sp'60min
Summary
With the latest fed book out of the way, there is little reason why we won't just see minor churn into the close.
Clearly, a somewhat tedious day, although a new high of sp'2009 should be recognised for what it is.
VIX has turned fractionally higher.. but hey..the 12s are nothing for equity bears to get stirred up about.
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3.14pm Watching the maniacs on clown finance TV.... same old nonsense.
I'd agree with Santelli though, the ECB tomorrow.. far more important than the Friday jobs data.
Those currently short had better hope Draghi fails to launch a QE program... which could result in a swift move lower.. but hey....I ain't betting on it.
Holding to primary upside target of sp'2030/50 zone, by opex/FOMC week.
sp'60min
Summary
With the latest fed book out of the way, there is little reason why we won't just see minor churn into the close.
Clearly, a somewhat tedious day, although a new high of sp'2009 should be recognised for what it is.
VIX has turned fractionally higher.. but hey..the 12s are nothing for equity bears to get stirred up about.
-
3.14pm Watching the maniacs on clown finance TV.... same old nonsense.
I'd agree with Santelli though, the ECB tomorrow.. far more important than the Friday jobs data.
Those currently short had better hope Draghi fails to launch a QE program... which could result in a swift move lower.. but hey....I ain't betting on it.
Holding to primary upside target of sp'2030/50 zone, by opex/FOMC week.
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