Friday 13 February 2015

10am update - new highs due

US equities are making a play for new historic highs, with the sp'500 @ 2093. Metals are battling to end the week on a positive note, Gold +$8, with Silver +2.5%.


sp'daily5


sp'weekly


Summary

*a rather impressive net weekly gain of around 1.8%... giving follow through from last weeks hyper-gain.
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There is of course the resuming EU meeting next Monday, but we know the Greeks will do as their German/EU masters wish... right?

See Armstrong's latest post... http://armstrongeconomics.com/2015/02/13/greeks-will-not-negotiate-with-the-troika-just-eu-ecb-imf/

Sums it up.

I would imagine some of the members of Golden Dawn will want to pay the Greek finance minister a visit this weekend, after being sold out to the bankster class...again.
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Notable weakness, SDRL -5.6%...  not sure why... I've not looked yet.
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10.01am.. fractional new historic high of sp'2093.65