sp'daily5
sp'weekly
Summary
*sp'500/Dow remain very close to breaking new historic highs... which do seem a given.
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Upper bol' on the weekly cycle is at sp'2130... pushing much above there will be difficult in the near term, although that hasn't been a problem for the R2K.
Overall, a pretty dull start to the week, the next scheduled issue is CPI data.. tomorrow morning.
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Notable strength: energy stocks, SDRL +4%... but still. it remains effectively destroyed @ $10...having fallen from the $40s last summer.
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10.19am... The Draghi is at the EU parliament, informing them of how everything is awesome for this year... and beyond.
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| 'Everything is awesome' |
Equity bears face the usual problems. .. sp +6pts @ 2114... a mere 5pts shy of a new high.
Notable strangth: AAPL +1.2% in the $127s.... with Nasdaq turning positive.