OPEX into the weekend

US equity indexes mostly closed significantly lower, SPX -84pts (1.1%) at 7659. Nasdaq comp' -2.1%. Dow -0.3%. The Transports settled -1.1%. R2K -1.7%

SPX – daily

VIX – daily

Summary

Equities opened a little choppy, but then saw a spiral into the late afternoon, settling sig' lower to 7559. For an OPEX, it was unusually negative. 

Volatility spiked, the VIX printing 22.31, if cooling back to settle +21.4% to 19.99 
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The literal... fall

The construction continues

Homeward bound

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10am update - opening chop

US equities open a little choppy. US 10yr 5.09%

sp'60min

VIX'60min

Summary

Its OPEX, we should expect considerable chop.
Best guess... a pin around 7740.

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notable stock: HOOD, 5min

I am LONG from $102.70
... having sold from the $125s three weeks ago
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notable weakness: MSTR

 News: MSCI removing Strategy from its ETFs
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notable fin: BAC

Wednesday's hollow red reversal candle is starting to look like a key floor
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notable stock: TSLA

 

Higher on the flying Roadster 

A mixed Thursday

US equity indexes closed on a positive note, SPX +25pts (0.3%) at 7744. Nasdaq comp' +0.1%. Dow +1.1%. The Transports settled +1.4%. R2K +1.4%

SPX – daily

VIX – daily

Summary

Equities opened moderately lower, with the SPX breaking a new s/t low of 7669. There was a rather significant bounce, settling marginally higher at 7744.

Volatility was mixed, the VIX printing 18.01, but cooling back to settle -2.4% to 16.46 

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