Opinion – Monday 30 November 2015

US markets were open on Friday, though more in body than spirit. The major Indices were little changed. The one big stock market mover on Friday was China, the Shanghai Composite down 5.48% on news that the China Securities Regulatory Commission (CSRC) had put Citic, the country’s largest broker and Guosen Securities, a mid-sized broker, under investigation.

For anybody following my new Platinum Service it made 15 points on Friday and is now ahead by 1381 points for November. The previous five months saw gains of 1600, 2833, 2195, 1810 and 3045 points respectively.