Friday 5 December 2014

12pm update - splashdown is bullish

Whilst we saw an entirely successful landing of Orion, the main market remains in algo-bot melt mode.. with the Dow set for 18k this afternoon. VIX is naturally cooling, -5% in the mid 11s. VIX 10s.. are not far off now. Metals and oil remain significantly lower.


sp'60min


Summary

*the sp'500 has followed the Dow, with a new historic high.
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Regardless of the market nonsense, it has been great morning for NASA... and all those who have eyes on the skies at night.

Notable strength: BAC +2.6% in the $17.60s.. .headed for the big 20... and then onward to $30.. whether late 2015.. or early 2016.. should make little difference to those long.
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VIX update from Mr T.


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time to cook... back at 2pm