Wednesday 2 July 2014

Pre-Market Brief

Good morning. Futures are a touch higher, sp +2pts, we're set to open at 1975. Precious metals are a little higher, Gold +$2. Equity bulls look set to consolidate, if not moderately build further gains into tomorrows early (1pm) close.


sp'daily5


Summary

*awaiting ADP, and factory orders data
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The sp'1980/90s look a given... and as many others are also starting to believe, we could be headed 'straight up' into the 2100s (which could include a minor sell down in late July).

Yellen is due to speak at some IMF meeting at 11am... I'm unsure as to if the media/market will be giving that much attention.
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For the resolute doomer bears out there...

Hunter.. with Quayle



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No games today

Sadly, no more games until Friday, so today will be all about the market. Personally, I'm going to really miss the World cup when it concludes July'13th.The next time it comes around...  things could be really different, and we'll all be four years older.

Good wishes for Wednesday trading