US equity indexes closed very mixed, SPX -58pts (0.8%) at 6917. Nasdaq comp' -1.4%. Dow -0.3%. The Transports settled +2.0%. R2K +0.3%
SPX - daily
VIX - daily
Summary
Equities opened a little choppy. The SPX printed a high of 6991, but saw a significant wave lower, printing 6862, and settling at 6917. Volatility picked up, the VIX printing 20.37, and settling +10.2% to 18.00
US equity indexes closed broadly higher, SPX +37pts (0.5%) at 6976. Nasdaq comp' +0.6%. Dow +1.0%. The Transports settled +3.1%. R2K +0.9%
SPX - daily
VIX - daily
Summary
US equities opened a little weak, but there was an opening upside reversal from 6914, printing 6991, and settling at 6976. Volatility saw an opening high of 18.14, if cooling back to settle -6.3% to 16.34 –
It was a bullish month for most world equity markets, with net monthly changes ranging from +12.4% (Brazil), +5.9% (Japan), +4.8% (Argentina) +4.0% (South Africa), +3.8% (China), +1.7% (USA), +1.6% (Australia) +0.6% (Russia), +0.2% (Germany), to -3.5% (India).
Lets take our regular look at ten of the world
equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia – RTSI
India
China – Shanghai comp'
South Africa
Argentina
Australia - AORD
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Summary
Nine world equity markets were net higher for January, with one net lower.
Brazil lead the way up, whilst India was powerfully lower.
The USA, Germany, Japan, Brazil, South Africa, and Argentina, broke new hist' highs.
Seven markets are trading above their respective monthly 10MA, the three exceptions being Russia, India, and South Africa.
Six markets have positive monthly momentum, the four exceptions being Russia, India, China, and Australia.