Monday, 24 March 2025

A very green Monday

US equity indexes closed very significantly higher, SPX +100pts (1.8%) at 5767. Nasdaq comp' +2.3%. Dow +1.4%. The Transports settled +2.2%. R2K +2.6%

SPX - daily

VIX - daily

Summary

US equities opened significantly higher, with the SPX pushing above the 200dma, printing a high of 5775, and settling at 5767. Volatility was naturally ground lower, the VIX settling -9.3% to 17.48. 
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Day five of Spring


  Bullish construction
 


Extra charts in AH (usually around 5pm EST) @ https://x.com/Trading_Sunset

Goodnight from London
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Saturday, 22 March 2025

Weekend update - US equity indexes

It was a net bullish week for most US equity indexes, with net weekly changes ranging from +1.2% (Dow, NYSE comp'), +0.7% (R2K), +0.5% (SPX), +0.2% (Nasdaq comp'), to -0.2% (Trans).

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

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

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

The Dow and NYSE comp' were sig' higher, whilst the Transports was marginally red.

Looking ahead

Earnings:

M - $LUNR $LUCD $OKLO $KBH $DFLI $EPAC $INLX $ABVX $SKYX $ASNS $OCX

T - $CSIQ $ATAT $RUM $MKC $CRMD $PAVM $PONY $SFD $CNM GME $SURG $WOR $GCTS $KGEI $NOAH $BBNX $PAYS $CRVS $ACCS

W - $DLTR $CHWY $TH $JKS $PAYX $DOOO $CTAS $CAN $CLGN $ALUR $MVIS $CXNC $USIO $WOOF $VRNT $IVA $JEF $ITRG $FUL $MLKN

T - $BITF $WGO $SNX $SACH $IPHA $TEN $PDSB $ADCT $ABOS $ICCM $LULU $KULR $BRZE $FTLF $ABL $OXM $BRFH $PSTV $SKYH $SPRO

F - $IPA $KPLT $SLE $ZSPC $LIQT $SBC

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Econ-data/events

M - PMI serv' & manu'

T - Case-Shiller HPI, consumer conf', new home sales

W - Durable goods orders, EIA Pet'

T - Weekly jobs, GDP Q4 (print'3), Intl' trade, wholesale & retail invent', pending home sales

F - Pers' income/spending, PCE, consumer sent'

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Have a good weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.

Friday, 21 March 2025

Four positive witches

US equity indexes closed a little mixed, SPX +4pts (0.1%) at 5667. Nasdaq comp' +0.5%. Dow +0.1%. The Transports settled -0.2%. R2K -0.6%

SPX - daily

VIX - daily

Summary

US equities opened on a broadly weak note.

President No'47 appeared in late morning...

... to announce the F47. Appropriate.


The SPX printed 5603, with a latter day recovery to 5670, and settling fractionally higher at 5667.

Volatility was a little mixed, the VIX printing 21.04, but cooling back to settle -2.6% to 19.28


Extra charts in AH (usually around 5pm EST) @ https://x.com/Trading_Sunset

Goodnight from London
--

 

If you value my work on Blogger, X, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com