IIFT Daily Note with Peter Brown

All is well.

Posted by:  |  Time: 7:50 am  |  Topic:
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Greece got their money, there’s a surprise! Amazing what you can get ahead of a German general election. Despite not meeting the targets nobody wanted to create a stir ahead of Merkel’s efforts to get re-elected.

No bad news out there at the moment so the stocks keep rising. 1650 now looks a reasonable target for the S&P. Euro taking a break from the down move also.

So it is technical trading today. S&P  1650  1635   Euro 1.2940  1.2820  1.2800 1.2750

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