US equity indexes began Thanksgiving week on a positive note, SPX +20pts (0.6%) at 3577. Nasdaq comp' +0.2%. Dow +1.1%. The Transports settled +1.6%.
sp'daily5
VIX'daily3
Summary
For the third consecutive week, with another vaccine headline, it was a positive start to the week. The gains didn't last though, and its notable that the novelty of vaccine news is wearing increasingly thin.
Meanwhile...
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| Phil LeBeau of CNBC |
Airlines are expecting thanksgiving travel to be around half of 2019, but I guess 50% is better than nothing, right?
The afternoon saw the market re-build gains, although not able to break above the opening high.
Volatility was subdued, the VIX printing 23.96, but settling -4.4% to 22.66.
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| Full moon is Mon' Nov'30th |
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Goodnight
from London
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