Thursday, 23 April 2026

Daily momentum is weakening

US equity indexes closed on a weak note, SPX -29pts (0.4%) at 7108. Nasdaq comp' -0.9%. Dow -0.4%. The Transports settled -3.8%. R2K -0.3%

SPX - daily


VIX - daily


Summary

US equities saw a morning of considerable chop, although the SPX did manage a fractional new hist' high. The afternoon saw a break lower on a war headline, the SPX printing 7046, and settling moderately lower at 7108.

Volatility was mixed, the VIX printing a high of 21.56. and settling +2.1% to 19.31. 
=

Once more... night must fall 



Summer is another day closer


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Wednesday, 22 April 2026

Mostly positive

US equity indexes mostly closed higher, SPX +73pts (1.0%) at 7137. Nasdaq comp' +1.6%. Dow +0.7%. The Transports settled -8.4%. R2K +0.7%

SPX - daily


VIX - daily

 

Summary

US equities opened on a positive note, the SPX clawing upward to settle sig' higher at 7137.

Volatility was ground lower, the VIX settling -3.0% to 18.92. 

 

Another day
 
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Tuesday, 21 April 2026

Net bullish Tuesday

US equity indexes mostly closed lower, SPX -45pts (0.6%) at 7064. Nasdaq comp' -0.6%. Dow -0.6%. The Transports settled +2.6%. R2K -1.1%

SPX - daily



VIX - daily


Summary

Equities saw early upside to SPX 7137, cooling to 7050, and settling moderately lower at 7064. 

Whilst most indexes settled lower, with new historic highs for the Nasdaq, R2K, and Transports, it should be seen as a net bullish day. 

Volatility picked up, the VIX printing 20.85, and settling +3.3% to 19.50. 

Sunny... but chilly


      Bullish spires

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