Thursday, 15 October 2026

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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Wednesday, 14 October 2026

Lower on the CPI

US equity indexes mostly closed significantly lower, SPX -85pts (1.1%) at 7718. Nasdaq comp' -1.9%. Dow -0.1%. The Transports settled +0.1%. R2K -2.1%

SPX – daily

VIX – daily

Summary

The day began with the latest inflation data...
Headline y/y: 3.7% vs 3.4% prior 
Core y/y: 2.6% vs 2.4% prior
 

Equities opened a little weak, and whilst there was a bounce attempt, the sellers appeared, with the market sliding into the afternoon to 7693, and settling at 7718. 

Volatility spiked, the VIX settling +10.5% to 16.87. 
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Tuesday, 13 October 2026

Chop ahead of CPI

US equity indexes mostly closed a little weak, SPX -1.8pts (0.02%) at 7805. Nasdaq comp' -0.15%. Dow -0.1%. The Transports settled +0.3%. R2K -0.4%

SPX – daily

VIX – daily

Summary

It was another day of pretty subdued price action, with the SPX settling almost precisely flat. 

Volatility remained subdued, the VIX settling +0.4% at 15.27 
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Bullish red

 

18c/64f... is pretty good for mid October

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