A spooky end to October

US equity indexes mostly closed very significantly lower, SPX -140pts (1.8%) at 7580. Nasdaq comp' -2.9%. Dow -1.1%. The Transports settled +0.5%. R2K -1.7%

SPX – daily

VIX – daily

Summary

US equities opened significantly lower, and whilst there was an initial upside reversal, it didn't hold. The SPX fell to 7527, and settling very significantly lower at 7580. 

Volatility spiked, the VIX printing 23.93, and settling +12.9% to 19.42.  
-

A fine Friday

The construction continues

... same for the urban freeway

–

Subscription offers > https://www.tradingsunset.com

Make it so

US equity indexes closed very mixed, SPX -23pts (0.3%) at 7720. Nasdaq comp' -1.4%. Dow -0.25%. The Transports settled +1.0%. R2K +0.9%

SPX – daily

VIX – daily

Summary

US equities opened weak, there was a bounce attempt, but a secondary wave lower to settle marginally lower at 7720. 

Volatility picked up... if only a little, the VIX settling +1.7% to 17.20. 
-

Patrick Stewart as Captain Picard... who will be missed.
–

Subscription offers > https://www.tradingsunset.com

The do-nothing Fed

US equity indexes mostly closed a little higher, SPX +21pts (0.3%) at 7743. Nasdaq comp' +0.3%. Dow +0.2%. The Transports settled -2.5%. R2K +0.3%

SPX – daily

VIX – daily

Summary

Equities saw a natural holding pattern ahead of the Fed... whom naturally did nothing, ahead of the midterms. Post announcement, the SPX cooled back to breakeven of 7722, and settling marginally higher at 7743. 

Volatility was ground lower for a third day, the VIX settling -3.5% to 16.91 
–

Subscription offers > https://www.tradingsunset.com