Wednesday, 22 July 2026

The tedium continues

US equity indexes closed on a weak note, SPX -10pts (0.1%) at 7498. Nasdaq comp' -0.6%. Dow -0.01%. The Transports settled -0.3%. R2K -0.9%

SPX – daily

VIX – daily


Summary

US equities saw considerable minor chop, if settling on a weak note. 

Volatility remained subdued, the VIX settling -2.4% to 16.64.  



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Tuesday, 21 July 2026

Summer doldrums

US equity indexes closed broadly higher, SPX +65pts (0.9%) at 7509. Nasdaq comp' +1.3%. Dow +0.7%. The Transports settled +0.9%. R2K +1.5%

SPX – daily

VIX – daily



Summary

US equities opened on a positive note, and whilst the early gains were a little shaky, s/t momentum turned positive, carrying the market upward to 7515, and settling broadly higher at 7509.

Volatility was ground lower for a second day, the VIX settling -8.6% to 17.05. 

-

A new tower core has begun

 

21c/70f is Goldilocks


Another day... settles
 



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Monday, 20 July 2026

Lower on the failed ceasefire

US equity indexes closed on a weak note, SPX -14pts (0.2%) at 7443. Nasdaq comp' -0.05%. Dow -0.6%. The Transports settled -1.2%. R2K -0.5%

SPX – daily

VIX – daily


Summary

Equities opened positive, but it didn't take long for a few indexes to turn red. The afternoon saw renewed adverse war headlines, with even the SPX turning red, settling at 7443.

Volatility was a little mixed, the VIX printing a low of 17.41, but recovering to settle -0.6% to 18.65. 



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