Friday, February 4, 2011

Overnight Action. Morning comments 5/2/2010



The Dow Industrials Index was up a modest +0.25% while the Dow Transport Index was up a meagre +0.16%

In Europe, markets were also up modestly: London FTSE +0.23%, French CAC +0.26%, German DAX +0.31%. The Toronto TSX was down -0.36%.

Crude Oil was down -2.53%. That explains the downward movement in the TSX.

The CRB was down -0.61% while the 30 Year Treasuries were down -1.02%.

Gold in Ozzie Dollars was down -0.42%

The Ozzie Dollar was flat -0.07%, finishing at 101.42USD.

One final observation - volume this week on the SPX hasn't shown a lot of conviction and has steadily dropped as the Index has risen.

Good luck
Red

No comments:

Post a Comment