US equity indexes closed very mixed, sp -5pts (-0.1%) at 3545. Nasdaq comp' -1.4%. Dow +0.9%. The Transports settled +1.6%.
sp'daily5
VIX'daily3
Summary
US equity indexes opened a little mixed, with strength in industrials, but significant weakness in tech. The SPX saw some cooling to 3511, just 2pts shy of fully filling Monday's opening gap.
Meanwhile...
Amgen, and other 'big pharma', are very straight forward in what their priority is. Its to be expected, as after all... viruses and subsequent mandated vaccines are good for business.
The afternoon saw considerable chop, with the SPX settling fractionally weak.
Volatility was subdued, the VIX settling -3.7% to 24.80. Today's SPX candle is a reversal, and leans s/t bullish.
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| Sunset in the city of lockdown |
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Goodnight
from London
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