Thursday, 30 April 2026

April settles positive

US equity indexes closed significantly higher, SPX +73pts (1.0%) at 7209. Nasdaq comp' +0.9%. Dow +1.6%. The Transports settled +1.3%. R2K +2.2% 

SPX – daily


VIX – daily



Summary

US equities saw a few minor swings in the morning, but there was a push upward into the mid afternoon, the SPX printing a new hist' high of 7219, and settling at 7209. 

Volatility was ground lower, the VIX settling -10.2% to 16.89. 

The sun sets on April

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Wednesday, 29 April 2026

Farewell to Powell

US equity indexes mostly closed a little weak, SPX -2pts (0.04%) at 7135. Nasdaq comp' +0.04%. Dow -0.6%. The Transports settled -1.0%. R2K -0.7%

SPX – daily



VIX – daily



Summary

US equities saw considerable minor chop into the 2pm FOMC. Interest rates were naturally left u/c, with Powell appearing at 2.30pm...

"Thankyou very much everyone" - Powell

 

Equities saw further chop, with the SPX settling fractionally lower at 7135. 

Volatility picked up a little, the VIX settling +5.5% to 18.81. 
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Bullish trees and bees

 

The sun is soon to set on April





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Tuesday, 28 April 2026

Pre-Fed cooling

US equity indexes closed on a weak note, SPX -35pts (0.5%) at 7138. Nasdaq comp' -0.9%. Dow -0.1%. The Transports settled -0.5%. R2K -1.2%

SPX – daily



VIX – daily

Summary

US equities opened on a weak note, but all the bears could manage was 7115. There was a subdued bounce to 7115, and settling moderately lower at 7138

Volatility was a little mixed, the VIX printing an opening high of 18.92, but cooling back to settle -1.0% at 17.83. 




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