US equity indexes closed on a weak note, SPX -45pts (0.6%) at 7673. Nasdaq comp' -0.3%. Dow -1.2%. The Transports settled -1.0%. R2K -0.5%
SPX – daily
VIX – daily
Summary
US equities opened on a weak note, but all the bears could manage was 7666 - a full fill of last Thursday's opening gap, and settling moderately lower at 7673..
Volatility picked up, the VIX printing 15.76, and settling +8.2% to 15.72. -
It was a mixed month for world equity markets, with net monthly changes
ranging from +4.0% (China), +3.4% (South Korea), +3.3% (South Africa), +3.0% (Japan), +2.4% (Germany), +1.5% (Australia), +1.3%
(USA), -0.4% (Brazil), -1.5% (India), to -1.8% (Russia).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - MOEX
India – SENSEX
China – Shanghai comp'
South Africa – Dow
South Korea - Kospi
Australia – AORD
–
Summary
Seven world equity markets were net higher for August, with three net lower.
China was powerfully higher, whilst Russia was significantly lower.
The USA, Germany, and Australia printed new historic highs.
The USA, Germany, Japan, Brazil, South Korea, and Australia are trading above their respective monthly 10MA.
The USA, Japan, Brazil, and South Korea have positive monthly momentum.
US equity indexes closed moderately mixed, SPX -29pts (0.4%) at 7718. Nasdaq comp' -0.3%. Dow -0.5%. The Transports settled +0.7%. R2K +0.3%
SPX – daily
VIX – daily
Summary
US equities opened a little weak, on a classic case of 'good news is bad news', with the market having renewed concerns that rates might be raised Sept'16th. The SPX cooled to 7706, and settling moderately lower at 7718.
Volatility remained subdued, the VIX printing a new multi-month low of 13.98, and settling +1.5% to 14.53. -
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