Friday, 19 June 2026

Weekend update - US equity indexes

It was a mixed week for US equity indexes, with net weekly changes ranging from +2.4% (Nasdaq comp'), +1.1% (R2K), +0.9% (SPX), +0.7% (Dow), -0.4% (NYSE comp'), -4.2% (Trans).


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

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

Four US equity indexes were net higher for the week, with two net lower.

The Nasdaq was significantly higher, with the Transports powerfully lower.

The Dow, NYSE comp', and R2K broke a new hist' high. 

Looking ahead

Earnings:

M - $FRVO $POWW 

T - $CCL $KFY $SUNB $FDX $KBH $WOR $CBRS 

W - $PAYX $NG $DAKT $LVO $PODC $MNY $MU $TCOM $FUL $WS $MEI $MLKN $JEF

T - $LOT $NNOX $BB $CMC $AYI $MKC $SNX $DRI $VTIX $WGO $WSE $AOUT $FDXF

F - $APOG

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Econ-data/events

M -

T - PMI manu' & serv'

W - New home sales, Federal Reserve annual bank stress tests (4pm)

T - Weekly jobs, Q1 GDP (print'3), durable goods orders, Pers' income/spending, PCE, 

F - Leading indicators, wholesale & retail invent', consumer survey

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Enjoy the long weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.

Thursday, 18 June 2026

Into the long weekend

US equity indexes closed significantly higher, SPX +80pts (1.1%) at 7500. Nasdaq comp' +1.9%. Dow +0.1%. The Transports settled +0.5%. R2K +2.0%

SPX – daily


VIX – daily

Summary

US equities bounced into the long weekend, the SPX settling significantly higher at 7500. 

Volatility was naturally ground lower, the VIX settling -11.1% to 16.40.  

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Wednesday, 17 June 2026

Negative response to Warsh

US equity indexes closed significantly lower, SPX -91pts (1.2%) at 7420. Nasdaq comp' -1.3%. Dow -1.0%. The Transports settled -3.0%. R2K -0.8% 

SPX – daily


VIX – daily


Summary

US equities saw a broad holding pattern ahead of the Fed. Rates were naturally left changed, with Warsh appearing at 2pm. 

 

The new CEO of Print Central

The SPX spiraled to 7402, and settling sig' lower at 7420. 

Volatility spiked, the VIX settling +12.4% to 18.44.

The Crescent moon and Venus. It is a sign
 

 

Another day in the hellscape
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