[ATTACH] New York was very quiet. [IMG] Dow Jones +0.07%....

New York was very quiet.


Dow Jones +0.07%.  SP500-0.00%.  Nasdaq +0.05%.  Russell 2000 +0.36%.

That finished off a strong quarter for the American indices DJ +9%.  SPX +7.2%.  Nasdaq +7.1%.  Russell 2000 +3.3%.  Australia’s XJO was barely positive +0.21%.

Quarterly SP500:



This quarter saw the SP500 poke above the top line of the Standard Error Channel.  It is overbought by any usual measure.  No wonder a lot of technicians are beginning to sound the bearish signal.

Commodities:



Thursday’s gap down on Base Metals proved to be a false break.  Base Metals +1.71%.  Energy continued its upside rally +1.5%.  Gold +0.63%.  Copper Miners +0.32%.  Those figures are particularly strong against a rising US$.  Metals and Gold usually move inversely to the US$.  A bit odd.

Overnight in NY, BHP +0.55% and Rio -0.6%.  Woodside +0.09%.

EWA, the ETF for Ozzie Stocks in NY, was flat overnight +0.00%, so don’t expect a lot from our market on Monday.  Yes – the stock market is open on Monday despite some states having a holiday.

RB