US equity indexes closed on a positive note, SPX +38pts (0.6%) at 6881. Nasdaq comp' +0.8%. Dow +0.3%. The Transports settled +1.4%. R2K +0.4%
SPX - daily
VIX - daily
Summary
US equities opened on a positive note, with the SPX battling upward to 6909. There was some afternoon cooling to 6857, and settling moderately higher at 6881.
Volatility was mixed, the VIX printing a low of 18.48, but swinging upward to 20.21, and settling -3.3% to 19.62.
US equity indexes closed somewhat mixed, SPX +7pts (0.1%) at 6843. Nasdaq comp' +0.1%. Dow +0.1%. The Transports settled +1.0%. R2K +0.04%
SPX - daily
VIX - daily
SummaryUS equities opened choppy, with the SPX taking a swing lower to 6775. From there... a few bounce attempts, printing a high of 6866, and settling at 6843. Underlying price action is not so pretty, as net downside to around 6600 looks increasingly probable... whether next week, or first week of March.
Volatility saw an early high of 22.96, if cooling back to settle -1.5% to 20.29. –
It was a mixed week for US
equity indexes, with net weekly changes ranging from -2.8% (Transports), -2.1% (Nasdaq comp'), 1.4% (SPX), -1.2% (Dow), -0.8% (R2K), to +0.3% (NYSE comp').
Lets take our regular look at six of the main US
indexes (weekly candle charts)
sp'500
Nasdaq comp'
Dow
NYSE comp'
R2K
Trans
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Summary
Five US equity indexes were net lower for the week, with one net higher.
The Transports was very significantly lower, whilst the NYSE comp' was marginally higher.
The Dow, NYSE comp', and the Trans broke new hist' highs.
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Looking ahead
It will be a short four day trading week, with Monday CLOSED for Washington's birthday.
