Friday 5 December 2014

Closing Brief

US equities closed a little higher, sp +3pts @ 2075, having broken new historic highs of Dow 17991 and sp'2079. With the USD higher by 0.7%, Gold and Oil were pressured lower by -$15 and -1.7% respectively.


sp'60min


Summary

... and another week in the crazy rigged casino comes to a close.

Seven weeks straight up.. from sp'1820 to 2079. Who would have dared suggest that by year end? Ohh yeah... Mr Carboni.. and Riley, both with their original target of the sp'2100s looking due in the near term. I'll be curious as to what they are saying in January.
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Have a good weekend everyone.
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A FULL set of updates across the evening.. to wrap up the week.