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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Tuesday, 6 October 2026

New historic high

US equity indexes closed mixed, SPX +45pts (0.6%) at 7818. Nasdaq comp' +0.4%. Dow +0.5%. The Transports settled -0.4%. R2K -0.7%

SPX – daily

VIX – daily


Summary

Equities opened mostly higher, with the SPX printing a new hist' high of 7844, with a little afternoon cooling to 7818. Volatility remained subdued, the VIX settling -3.3% to 15.01. 
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Monday, 5 October 2026

Mostly positive

US equity indexes mostly closed on a positive note, SPX +51pts (0.7%) at 7773. Nasdaq comp' +1.0%. Dow +0.2%. The Transports settled -1.1%. R2K +0.7%

SPX – daily

VIX – daily

Summary

US equities opened choppy, but the market did lean upward, with most indexes settling somewhat positive. Volatility picked up, but it was mostly technical... due to the new week, the VIX settling +1.4% to 15.52 
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The construction continues

  

A monster from the middle east


Shanghai, China


Bullish red

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