Tuesday, September 17, 2013

What's Going On?

Well, not much! Everyone seems to be waiting for the Fed-meeting tomorrow. Indices moved higher, but most of that move happened in the first hour, after that it was all peace and quiet. Except for small caps, they kept going in the afternoon and were outperforming today.

5m-chart SPY:

Daily charts DIA, SPY, QQQ and IWM:

Euro, oil, metals
The euro moved along with stocks, back towards the highs of the previous day.
Oil had another bad day, losing about 1.5%.
Metals all traded near breakeven-point.

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