IIFT Daily Note with Peter Brown

Very tight range.

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Really small trading range yesterday. S&P 1696  1686   Euro 1.3520  1.3475

Something will cause a stir but as yet nothing in sight.

Range trading again today.  Only slight issue is Italy, starting to get a bit serious there politically. Not enough to move the market yet.

Very little on the economic stats today either. Buy the dips sell the rallies.

2 Comments

Ross

September 27, 2013

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Volitility is our friend, where have you gone. Hoping to see some more action in the precious metals market in the very near future

Peter Brown

September 27, 2013

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Something will happen soon.It always does

Peter