Trading Update |
20-Dec-13, 9:30am: Gold Drops 2.2%Crude oil remains hemmed in by the $99 mark but the commodity many traders are looking at is gold. It’s in the middle of two ranges with support at $1,180 and resistance at $1,208. Below $1,180 there’s resistance at $1,158. The current dollar strength continues to pressure metals prices. |
20-Dec-13, 2:49pm: A Festive Stock Market Video UpdateHere is a very quick re-cap of 2013, a year where the markets have mostly ignored negative-fundamentals and stayed in risk-on mode. Looking at 2014, Matt Basi of CMC thinks that whilst equities are not cheap, it will be another good year for the stock markets. (and because it’s Christmas, they’ve added a few funny outtakes too). |