Friday, 9 October 2026

Net bullish day and week

US equity indexes mostly closed moderately higher, SPX +46pts (0.6%) at 7811. Nasdaq comp' +0.6%. Dow +0.8%. The Transports settled -0.02%. R2K +0.5%

SPX – daily

VIX – daily

Summary

Equities opened moderately higher, and whilst the gains were shaky, there was a secondary push upward, the SPX settling moderately higher at 7811. Volatility was naturally ground lower into the weekend, the VIX settling -3.7% to 14.84 
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Thursday, 8 October 2026

A mixed Thursday

US equity indexes closed mixed, SPX -36pts (0.5%) at 7765. Nasdaq comp' -1.2%. Dow +0.1%. The Transports settled +1.4%. R2K +0.02%

SPX – daily

VIX – daily

Summary

Equities opened a little weak.
There was a lunchtime spike upward via the latest from EL Presidente...


... but the novelty didn't last long, with the SPX swinging back lower to 7731, and settling moderately lower at 7765.

Volatility was mixed, the VIX printing a high of 16.46, but cooling back to settle +2.2% to 15.41
-

As matters are worse


Bullish English Oak

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Wednesday, 7 October 2026

Midweek cooling

US equity indexes closed broadly lower, SPX -17pts (0.2%) at 7801. Nasdaq comp' -0.2%. Dow -0.7%. The Transports settled -0.9%. R2K -1.3%

SPX – daily

VIX – daily

Summary

Red indexes, although nothing that merits any bearish hysteria.
I lean net bearish into next week.

Volatility was mixed, the VIX printing a high of 15.93, but cooling back to settle +0.5% at 15.08 
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