A bearish Quad-Opex

US equity indexes closed significantly lower, SPX -100pts (1.5%) at 6506. Nasdaq comp' -2.0%. Dow -1.0%. The Transports settled -0.5%. R2K -2.3%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note. There were numerous bounce attempts, but all failing, with the SPX printing a new multi-month low of 6473, and settling at 6606.  

Volatility picked up, the VIX printing a high of 29.28, and settling +11.3% to 26.78. 

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Day one of spring

 

The construction continues

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Reversal from around the 200dma

US equity indexes closed mixed, SPX -18pts (0.3%) at 6606. Nasdaq comp' -0.3%. Dow -0.4%. The Transports settled +0.5%. R2K +0.7%

SPX - daily

VIX - daily

Summary

US equities opened broadly lower, with the SPX printing a new multi-month low of 6557. The day saw considerable chop, if recovering upward to 6636, and settling moderately lower at 6606.

Volatility was mixed, the VIX printing an opening high of 27.36, if cooling back to settle -4.1% to 24.06.  
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Royal Navy... in the skies

 

Bullish flowers

 

A sunny Thursday

 

The sun sets on winter 2025/26

 

Fly away home

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A red Fed Day

US equity indexes closed significantly lower, SPX -91pts (1.4%) at 6625. Nasdaq comp' -1.5%. Dow -1.6%. The Transports settled -1.1%. R2K -1.6% 

SPX - daily

VIX - daily

Summary

Equities opened on a weak note. The Fed issued a press release at 2pm, that noted no change in rates. The Powell duly appeared at 2.30pm...

Equities slid into the close, printing a new multi-month low of 6621, and settling sig' lower at 6624.

Volatility picked up, the VIX settling +12.2% to 25.09.  
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A fine Wednesday

 

United Airlines (UAL)

Spring begins... Friday

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