Saturday, 17 January 2015

Financial Orbit wrap 16/01/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 hours across the website, twitter account and anything else thought about...

1. I observe on Twitter that: " 11yr low & US consumer confidence 10yr high. Worry re strong for '15 earnings but lots devaluations don't buy confidence:Swiss know that..."

2. An interesting chart given that the Shanghai bourse is at another 5+ year high...

3. So the S&P 500 index is back above the 2,000 point level...but look at US data recently:

4. So many divergences to think about...late Friday headlines that caught my attention included:

WTI futures settle up 5.3% at $48.68

SNB's Jordan: Market reaction has gone too far, finding equilibrium will take some time

Swiss franc net shorts rise to the highest since June 2013 --CFTC/Rtrs

Draghi Presented QE Plan to German Government, Spiegel Reports

5. And finally...have a good weekend. Going to be another big week next week.

1 comment:

  1. Bullish and bearish data abound but one thing I am certain of is the Fed will buy up the selloffs to support U.S. markets. They will not let 8 years of effort evaporate overnight.