Tuesday 4 November 2014

1pm update - back to chop

US equities are back to chop, with the sp' -0.3% @ 2011. Price action will likely remain choppy into the close ahead of the US elections. VIX is holding minor gains of 2% in the low 15s. Oil remains very weak, -2.1%.


sp'60min


Summary

Little to add right now.

Notable weakness in the miners... GDX -2.6%... losing most of the Monday gains.