Monday 26 January 2015

3pm update - chop into the close

US equities are holding slight gains, with a daily close now likely within the sp'2050s. VIX is in melt mode, -4% in the 16.25/15.75 zone. Metals remain weak, Gold -$11, with Silver -1.9%. Oil has failed to hold moderate gains, now -0.4%


sp'60min


VIX'daily3


Summary

*there is chatter that the US markets will be impacted by heavy overnight snowfall. Sure. trading will likely be lighter.. but surely the market will be open across tomorrow?
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..barring any sporadic news...... back at the close.