US equity indexes mostly closed moderately higher, sp +16pts (0.5%) at 3443. Nasdaq comp' +0.3%. Dow +0.4%. The Transports settled +1.3%.
sp'daily5
VIX'daily3
Summary
US equities opened on a positive note, but it was arguably just a technical rebound, after Monday's very significant downside.
The US President make an early appearance...
'If Biden wins'... economic strangulation would be the least of our problems. As things are, that nightmare scenario should remain as such, as Trump remains on track for a second term.
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The afternoon saw considerable chop, leaning on the weaker side, on concerns that a meeting between Mnuchin and Pelosi might not end well.
Volatility picked up, the VIX settling +0.6% to 29.35.
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| Another sunset closer to the election |
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| Bullish cats |
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| Next full moon will be Halloween |
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Extra charts in AH (usually around 5pm EST) @
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Goodnight
from London
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