Monday 2 March 2015

2pm update - remaining tedious

US equities are holding moderate gains, sp +8pts @ 2112, as reflected in a VIX that remains extremely subdued in the low 13s. Metals are weak, Gold -$2. Oil is cooling from earlier strong gains, now +1.7%.


sp'60min



VIX'60min


Summary

Little to add... on what is just another day of new historic highs... not just for the Nasdaq, but the R2K and Dow
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Notable weakness: oil/gas drillers, SDRL -5.4%... set to lose the $10 threshold... again.