Emini Trading Update – Friday 10 Jan 2014 (18:06)
So far the Emini has refused to break down. But Bonds are rallying and so is the Yen. And this should cause some profit taking in Equities. Hmm.
Meanwhile the 1,826 level on the Emini has proved impenetrable. We’ve hit it 5 times in 3 days and bounced up each time. Someone must really like that number.
Click here for more on the Yen carry trade analysis and Bond vs Equities asset allocation.
Scary surfing …
So we left Biarritz, France, in mid-December. And they’ve had some crazy weather since then. The storms and waves caused a lot of damage around the beaches and promenades – and one woman was drowned.
Just down the coast from Biarritz is one of the biggest wave spots in Europe – Belharra. It only goes off a few times a year. If you like big waves and crazy scary surfing check out this video. The wave at the 2:50 mark is insane.
Enjoy your weekend.