Selling in the London and NY paper markets is being met by determined buying. Today was another record high close as the bear raid was 'stuffed.'
The equity markets are being managed higher on thin volumes led by the SP 500 futures.
11 October 2010
SP 500 and NDX December Futures and Gold Daily Charts
Selling in the London and NY paper markets is being met by determined buying. Today was another record high close as the bear raid was 'stuffed.'
The equity markets are being managed higher on thin volumes led by the SP 500 futures.
10 October 2010
Columbus Day (US) and Thanksgiving Day (Canada)
As a reminder Monday 11 October 2010 is Columbus Day in the US and the bond markets and banks will be closed, although the stock market will be open. It is not a settlement day for stocks however.
It is also Thanksgiving Day in Canada, and the equity markets and other financial markets will be closed. This may lead to thin trading in some of the mining and oil stocks.
09 October 2010
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