A red Thursday

US equity indexes mostly closed on a weak note, SPX -19pts (-0.3%) at 6861. Nasdaq comp' -0.3%. Dow -0.5%. The Transports settled -1.6%. R2K +0.2%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, with the market rightly concerned about a looming US attack on Iran. The SPX cooled to 6833, if recovering to settle 6861. 

Volatility remained elevated, the VIX settling +3.1% at 20.23.
–

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

 

 

Wednesday War talk

US equity indexes closed on a positive note, SPX +38pts (0.6%) at 6881. Nasdaq comp' +0.8%. Dow +0.3%. The Transports settled +1.4%. R2K +0.4%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, with the SPX battling upward to 6909. There was some afternoon cooling to 6857, and settling moderately higher at 6881.     

Volatility was mixed, the VIX printing a low of 18.48, but swinging upward to 20.21, and settling  -3.3% to 19.62. 

–

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

Not so pretty

US equity indexes closed somewhat mixed, SPX +7pts (0.1%) at 6843. Nasdaq comp' +0.1%. Dow +0.1%. The Transports settled +1.0%. R2K +0.04%

SPX - daily

VIX - daily

Summary

US equities opened choppy, with the SPX taking a swing lower to 6775. From there... a few bounce attempts, printing a high of 6866, and settling at 6843. Underlying price action is not so pretty, as net downside to around 6600 looks increasingly probable... whether next week, or first week of March.

Volatility saw an early high of 22.96, if cooling back to settle -1.5% to 20.29. 
–

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