Friday 23 October 2020

Chop into the weekend

US equity indexes mostly closed positive, sp +11pts (0.3%) at 3465. Nasdaq comp' +0.4%. Dow -0.1%. The Transports settled +1.1%.

sp'daily5

 


VIX'daily3

 


Summary

US equities opened on a positive note, but the gains were shaky from the start, and it didn't take long for the Nasdaq to turn red. With Mnuchin saying there were still 'significance differences' with Pelosi, the SPX cooled to 3340. 

The afternoon saw considerable chop, but leaning on the fractionally upward side to 3466, and settling at 3465.

Volatility saw a high of 28.67, but melted back, the VIX settling -2.0% to 27.55.
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A distinctly photo-shopped evening sky


Full moon will be Halloween


The Jovian system

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Goodnight from London
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