Wednesday 6 November 2024

Soaring on Trump

US equity indexes closed powerfully higher, SPX +146pts (2.5%) at 5929. Nasdaq comp' +2.9%. Dow +3.6%. The Transports settled +5.4%. R2K +5.8%

SPX - daily

VIX - daily

Summary

US equities opened very significantly higher, the SPX broadly climbing across the day to print a new hist' high of 5936, and settling at 5929.

With the uncertainty of the election out of the way, volatility was crushed, the VIX printing 15.44, and settling -20.6% to 16.27. 


Extra charts in AH (usually around 5pm EDT) @ https://x.com/Trading_Sunset

Goodnight from London
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Tuesday 5 November 2024

Election Day Upside

US equity indexes closed significantly higher, SPX +70pts (1.2%) at 5782. Nasdaq comp' +1.4%. Dow +1.0%. The Transports settled +1.7%. R2K +1.9%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, with the SPX building sig' gains to 5780. The afternoon saw a little cooling, but a closing hour micro ramp to settle at 5782. Volatility was ground lower, the VIX settling -6.8% to 20.49.
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The oaks will survive any winter


The UK is a safe space for Squirrels


In memory of Guy Fawkes

Extra charts in AH (usually around 5pm EDT) @ https://x.com/Trading_Sunset

Goodnight from London
--


 

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Monday 4 November 2024

Holding pattern

US equity indexes mostly closed a little weak, SPX -16pts (0.3%) at 5712. Nasdaq comp' -0.3%. Dow -0.6%. The Transports settled -0.4%. R2K +0.5%

SPX - daily

VIX - daily


Summary

US equities opened a little choppy, if leaning net lower into midday, the SPX printing a low of 5696. From there... choppy upside to settle at 5712. Volatility remained somewhat elevated, the VIX settling +0.5% to 21.98
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Just one day away. Civil War (2024)


Extra charts in AH (usually around 5pm EDT) @ https://x.com/Trading_Sunset

Goodnight from London
--


 

If you value my work on Blogger, X, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com