Monday 7 July 2014

Pre-Market Brief

Good morning. Futures are moderately lower, sp -4pts, we're set to open at 1981. Metals are weak, Gold -$6, with Silver -0.8%. Equity bulls still have everything on their side, not least helped by a sig' QE-pomo of $3bn today.


sp'weekly8b


Summary

*I spent most of yesterday building a new computer, I'm kinda tired, so...bear with me today! The good thing, I now have enough processing capability to do videos... at some point.
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No doubt will be looking for some sig' downside this week..and into end July. Yet the trend remains strongly higher - as also reflected on most of the other world indexes.

*I will have my eyes on WFM this week, I really could do with the $41s by Friday, but that is a good 5% higher, and is pretty unlikely.