Monday 17 November 2014

10am update - opening minor weakness

US equities open lower, but so far, its very slight, and there is the threat of indexes turning positive this morning. The rising USD is causing problems in commodity land, Gold -$5, with Oil -0.9%. VIX opened up a full 10%.. so far peaking at 14.73.


sp'daily5


VIX'daily3


Summary

*the opening action in the VIX is somewhat curious.. a daily close in the 15s would really clarify matters. Daily MACD cycle on the VIX.. set to turn positive at the Tuesday open.
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Notable gainer...

BHI +9% @ $65, official takeover from HAL.... which will almost certainly go through.
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In Energy land.. Nat' gas catching a bid.. +2.6%.. so long as it can hold the big $4... viable upside across the winter.