Friday 1 May 2015

3pm update - net weekly declines

US equities look set for significant net daily gains, but will still be net lower across the week (sp -0.5%). Metals remain broadly weak, Gold -$8, with SIlver -0.3% . Oil is -0.9%, and set for further weakness in the first half of next week.


sp'60min


sp'weekly


Summary

Well, its the closing hour of what has been a pretty interesting week.

notable strength: airlines, DAL/UAL, both higher by 3%, as oil prices are cooling
--

*I continue to have eyes on Oil, the Euro, and the BABA... and will strongly consider those next week.

--
back at the close... to wrap up the week