Saturday, 13 June 2026

Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +4.0% (R2K), +3.1% (Trans), +1.5% (NYSE comp'), +0.7% (Nasdaq comp', Dow), to +0.6% (SPX).

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

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

All six US equity indexes were net higher for the week.

The R2K lead the way up, whilst the SPX lagged.

The NYSE comp' and R2K broke new historic highs.

Looking ahead

It will be a short four day trading week, with Friday CLOSED for 'Juneteenth'.

Earnings:

M - $CGC $AIOT $DOMO $HITI $PLAY $RFIL 

T - $VNCE $WLY $LZB 

W - $PGR $JBL $KMX 

T - $KR $ACN 

F - *CLOSED*

-

Econ-data/events

M - Empire state manu', Indust' prod'

T - Import prices, housing starts, building permits

W - retail sales, pending home sales, home builder conf', busin' invent' 

2pm, FOMC announcement. 2.30pm Press conf' with Warsh 

T - Weekly jobs, Phil' Fed manu' 

F - *CLOSED*

As Friday is closed, I'd expect Thursday to be subdued on light vol', as many walk away early. 

-

Final note

A net bullish week, but we sure did see a fair few bounces get sold into. The collective of indexes are clearly m/t bullish. 

With SpaceX trading, that leaves OpenAI and Anthropic, both of which might get listed by late summer. The market will inherently be propped up by a couple more giant IPOs.

There are a few concerns. The first... the middle east and oil. The second... is inflation and interest rates. The third... the market will be vulnerable Sept-Oct', not least ahead of the midterms.

Episode 2026 of 'Planet Krazy'... is only going to get more wild.
As things are, I'm not going to experience ep'2027. 
Too many problems.  

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

Have a good weekend
--

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

Friday, 12 June 2026

The SpaceX IPO

US equity indexes closed on a positive note, SPX +37pts (0.5%) at 7431. Nasdaq comp' +0.3%. Dow +0.7%. The Transports settled +0.3%. R2K +0.9% 

SPX – daily

VIX – daily

Summary

US equities saw a few swings, the SPX printing a high of 7456, and settling at 7431. 

Volatility was ground lower into the weekend, the VIX settling -9.0% to 17.68. 

As for SpaceX... 

 
 
SpaceX saw a successful IPO, if less so than a few had hoped. 
The stock opened at $150.00, having been priced at $135. 
A high of $176.52, and settling +19.2% to $160.88



Sunny, but it is still a hellscape


I should have died a year ago 

Subscription offers > https://www.tradingsunset.com

Thursday, 11 June 2026

Tweet related swings

US equity indexes closed significantly higher SPX +127pts (1.75%) at 7394. Nasdaq comp' +2.5%. Dow +1.9%. The Transports settled +3.2%. R2K +3.0%

SPX – daily

VIX – daily


Summary

US equities opened choppy, if leaning on the upward side.
There were sellers on the bounce, with the SPX turning red... if briefly/fractionally.
A second post from El Presidente saw an afternoon pop to 7412, and settling sig' higher at 7394.

Volatility was mixed, the VIX printing 22.59, but cooling back to settle -12.5% to 19.44.   

Subscription offers > https://www.tradingsunset.com