we caught up today, they went up yesterday while we were closed, now they are back to our PP, I think the markets are (amongst other things) starting to price in a brexit vote for us leaving the EU due to polls saying we will, add to that the fact it almost always drops prior to earnings as it is doing at the mo.. the £/$ exchange rate is all over the place at the mo, it could of pushed us solidly into the 440's, but the volatile rates kept us out...just. $80 is looking like resistance now, could of course change in a beat, but my guess is lower tomorrow / thursday A.M, then it all hangs on earnings or other news if there is any on thursday P.M. ultimately the data should send us way higher again when it is released, unless I'm totally wrong and success has already been priced in, just cant see it though.
depends which side of the pond you are looking at, we haven't moved much since friday cos we were closed monday, but nasdaq is 4% down and just tracking the bio index. FTSE could break down again tomorrow and head for 6100, just in time for us to drop lower before earnings ;)
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