Saturday, 21 March 2026

Weekend update - US equity indexes

It was a bearish week for most US equity indexes, with net weekly changes ranging from -2.1% (Nasdaq comp', Dow), 2.0% (NYSE comp'), 1.9% (SPX), -1.6% (R2K), to +0.7% (Trans). 

Lets take our regular look at six of the main US indexes

sp'500


Nasdaq comp'


Dow


NYSE comp'


R2K


Trans


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Summary

Five of six US equity indexes were net lower for the week, with one net higher.

The Nasdaq and Dow lead the way down, whilst the Transports was moderately higher.

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Looking ahead

Earnings:

M - $LAR $BLRX $WRD $PPHC $BNGO $AGBK

T - $ACHV $EVTL $CNM $SMTI $LENZ $HSAI $FENZ $CNXC $NRXP $HMR $BRZE $NOAH $BZAI $AIR $MXCT $ABSI $MDAI $BSEM $BCDA $FGI

W - $ONDS $CHWY $PDD $KALV $BZUN $CTAS $PAYX $EDAP $CGNT $VIOT $BYND $KRMN $GCTS $HIT $DERM $DYAI $EPAC $CWD $CYN $FUL 

T - $PAVM $PONY $CMC $LOVE $WYFI $QNRX $SCVL $DOO $DBI $LUCD $VERI $BLNK $ACOG $WPRT $BTGO $NMAX $OXM $AGX $CV $DARE

F - $CCL $AUTL $TMC $SBC $LGN $SLE 

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Econ-data/events

M - Construction

T - Productivity, PMI serv' & manu'

W - Import prices, EIA Pet'

T - Weekly jobs

F - Consumer sent' 

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Have a good weekend
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*the next post on this page will likely appear 6pm EDT on Monday.

 



 

Friday, 20 March 2026

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 6506.  

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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Thursday, 19 March 2026

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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