Thursday 4 December 2014

Pre-Launch Brief

US equity futures are a little higher, sp +2pts, we're set to open at 2076. Meanwhile... on the pad in Florida, USA, the Orion vehicle is set to launch. Precious metals are weak, Gold -$6, ahead of the ECB announcement/press conf.


sp'daily5


Summary

LIVE coverage @ Nasa and livestream...


Broadcast live streaming video on Ustream
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As for the market....

Unless Draghi says something stupid within the next hour or two, the market looks set to churn ahead of the Friday jobs data.

A weekly close in the 2080s, with VIX 11s looks very probable.

After all, everything is 'fine', yes?

I will be looking for particular weakness in the metals and oil, not least if the USD continues to climb, and take out the March' 2009 high of 89.11.

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Update from a particularly bullish Oscar


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Good wishes for Thursday trading