Wednesday, 13 May 2026

Powerless bears

US equity indexes closed mixed, SPX +43pts (0.6%) at 7444. Nasdaq comp' +1.2%. Dow -0.1%. The Transports settled -0.4%. R2K +0.1%

SPX – daily


VIX – daily


Summary

Whilst indexes were mixed, the SPX clawed upward to print a new historic high of 7460, and settling at 7444.  Volatility was muted, the VIX settling -0.6% to 17.87. 




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Tuesday, 12 May 2026

A little weak

US equity indexes mostly closed on a weak note, SPX -11pts (0.2%) at 7400. Nasdaq comp' -0.7%. Dow +0.1%. The Transports settled -0.9%. R2K -1.0%

SPX – daily

VIX – daily


Summary

US equities opened moderately lower, with the SPX printing a low of 7338. There was a latter day recovery to settle marginally lower at 7400.

Volatility was mixed, the VIX printing a high of 19.10, and cooling back to settle -2.1% to 17.99




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Monday, 11 May 2026

Clawing upward

US equity indexes mostly closed on a positive note, SPX +13pts (0.2%) at 7412. Nasdaq comp' +0.1%. Dow +0.2%. The Transports settled -0.8%. R2K +0.4%

SPX – daily


VIX – daily


Summary

US equities continued to claw upward, the SPX printing a new hist' high of 7428. There was a little cooling into the close, settling at 7412. 

Volatility picked up, but the gain was largely technical (due to the new week), the VIX settling +6.9% at 18.38. 

Bullish green

Another day

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