Monday 30 July 2012

10am update - is it Tuesday yet?

I'm tired of Monday already, can we just move straight onto Tuesday please? However, it is a good day for anyone who wishes to reposition. Whether adding longs or shorts. A day like today offers everyone a good opportunity to be ready.

We do have a lot of econ-data starting tomorrow, so today is indeed the day to get organised.


sp'60min, rainbow



VIX'60min


Summary

Not much to add. Although a little interesting to see the VIX up - even as the indexes went green too.

Stock of the day so far... SHAW, +55/60%, very poor profitability, but a truck load of cash, and its been bought out.

More later