The cash market was closed for trading yesterday

S&P 500 (Mar 13) INTRADAY Review It was a bank holiday in the US yesterday and so market activity was phenomenally subdued. The only point worth making is that the low volume push higher into the early close at 16.30GMT for the E-mini S&P 500 meant the highest close since the 28th December 2007. Also, of course, we saw the ushering in of Obama’s second term with the surprisingly liberal speech from the President. Strategy Overnight the BoJ delivered their side of the bargain in terms

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The cash market was closed for trading yesterday