US equity indexes closed very mixed, SPX -19pts (0.3%) at 7386. Nasdaq comp' -1.0%. Dow +0.2%. The Transports settled +1.3%. R2K +0.4%
SPX – daily
VIX – daily
Summary
US equities opened broadly higher, with the SPX printing a new s/t high of 7483. From there... the market spiraled to print a new s/t low of 7237, with a bounce to settle marginally lower at 7386.
Volatility was very mixed, the VIX printing an early low of 17.52, spiking to 23.34, and settling +5.0% to 19.87. -
US equity indexes mostly closed on a positive note, SPX +21pts (0.3%) at 7405. Nasdaq comp' +0.9%. Dow -0.2%. The Transports settled +1.0%. R2K +0.9%
SPX – daily
VIX – daily
Summary
US equities opened broadly higher, but all the bulls could manage was 7466. There was cooling to 7395, and settling at 7405. The black candle doesn't bode so great for Tuesday.
Volatility was knocked lower, the VIX printing 17.94, but recovering to settle -12.0% at 18.92. -
It was a bearish week for most US equity indexes, with net weekly changes,
ranging from -4.7% (Nasdaq comp'), -3.0% (R2K), -2.6% (SPX), -0.3% (Dow), -0.15% (NYSE comp'), to +2.3% (Trans).
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
–
Summary
Five US equity indexes were net lower for the week, with one net higher.
The Nasdaq was powerfully lower, whilst the Transports was sig' higher.
The SPX, Nasdaq, Dow, and R2K broke new historic highs.
All six US equity indexes are trading above their respective monthly 10MA, and have positive monthly momentum.
T - NFIB optimism, Intl' trade, existing home sales, wholesale invent'
W - CPI, US T-budget (2pm)
T - PPI, weekly jobs
F - Consumer sent', *SpaceX IPO*
-
If you value my work on Blogger, X, 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 EDT on
Monday.
