2020 settles

US equity indexes settled 2020 on a positive note, SPX +24pts (0.6%) at 3756. Nasdaq comp' +0.1%. Dow +0.6%. The Transports settled +0.4%.

sp'daily5

 

VIX'daily3

 

Summary

US equities ended the year with considerable micro chop, leaning on the weaker side.

The afternoon saw further chop, but with a closing mini ramp to breaking a new historic high of sp'3760, and settling at 3756. On any basis... it was a day, week, month, quarter, and year for the equity bulls.

Volatility was naturally subdued, the VIX settling -0.1% to 22.75

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2020 settles

Considering the horror of this year, the following edited version is perhaps more appropriate...

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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London... and Happy New Year!
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Nearing the end

US equity indexes closed a little higher, SPX +5pts (0.1%) at 3732. Nasdaq comp' +0.1%. Dow +0.2%. The Transports settled +0.2%. 

sp'daily5

 

VIX'daily3

 

Summary

US equities opened on a positive note, with the mainstream looking forward to $600 stimulus checks being distributed.

It remains tragically sad to see the serfs focusing on their crumbs. Further, the $600 is roughly 50% financed by the Fed, which by definition is depreciating the USD, weakening the purchasing power, which especially impacts the serfs.

Rather important news...

Hawley is the first to warn he will contest the electoral college results. Wednesday January 6th will merit very serious attention.

RSBN provided superb coverage of the Georgia hearing on the election fraud. The many individual reports were truly disturbing, all supportive to the notion of large scale fraud.

Perhaps the real irony is those of you who lightly dismiss it, and won't watch a single minute of the coverage. Great empires have fallen for less such apathy.
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The afternoon saw considerable chop, for what was a very narrow range day.

Volatility churned, with the VIX settling -1.3% to 22.77. Today's SPX candle is black, with the VIX settling with a reversal candle, both favouring the equity bears into year end.

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Bullish iridescence

Winter 2020

The waning moon

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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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Tuesday turnaround

US equity indexes closed a little weak, SPX -0.8pts (0.2%) at 3727. Nasdaq comp' -0.4%. Dow -0.2%. The Transports settled -0.7%. 

sp'daily5

 

VIX'daily3

 

Summary

US equities opened similar to Monday, with the SPX breaking yet another new historic high of 3756. The gains were shaky from the start though, with indexes turning negative... if only fractionally, by mid morning.

Meanwhile...

Socialism trending... can never be a good thing.

Then we had...

Ms. Regan is certainly not one of the serfs, and continues to serve as a mouthpiece for the financial and political elite. Whilst a $3trn bailout (funded by Print Central) for Wall Street was seen as appropriate by the mainstream cheerleaders, a $2k check for the serfs... not so much. 

In many ways... nothing has changed since 2008, the only difference, the numbers are far bigger, and the hypocrisy stinks even more than it did back then.

StimulusCheck was also trending, as the serfs were increasingly annoyed with McConnell who blocked a Senate vote on upgrading the $600 checks to $2000.

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The afternoon saw increasing weakness, for what was a pretty standard turnaround Tuesday.

Volatility picked up, the VIX settling +6.4% to 23.08
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After a day of grey horror... the full moon breaks through!

Full moon :)

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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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Three days remain

US equity indexes closed broadly higher, SPX +32pts (0.9%) at 3735. Nasdaq comp' +0.7%. Dow +0.7%. The Transports settled +0.01%.

sp'daily5

VIX'daily3

Summary

The remaining four days of 2020 began on a very positive note, the SPX, Dow, and Nasdaq comp' breaking new hist' highs.

Meanwhile...

Ohh yeah... so all that whining about 'pork' and refusing to sign the bill... lasted a handful of days.

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Its ironic that the religious hating communists of China, are on the same side of the spectrum as the religious zealots of Saudi Arabia. Both #ZhangZhan and #LoujainAlHathloul are admirable warriors of truth and liberty, and on the right side of history.

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... and the following really sums up the extreme polarisation within the US populace...

Whether you want to hide in the cupboard with Mullis, or support Walker... it really doesn't matter. What should concern you is that civil wars have begun from far less severe societal splits.
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The afternoon saw considerable equity chop, but still leaning upward to sp'3740, and settling at 3735.  Volatility was subdued, the VIX settling +0.8% to 21.70.

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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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If you value my work on Blogger, Twitter, and want more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com

The Long March to Summer 2021

 We're six days past the winter solstice... as summer 2021 is on the way.

A fine winter's afternoon

Bullish English Oaks

Lynchian golden sunshine

Bullish airlines?

Another sunset closer to summer 2021

 

Moonrise

 

Full moon... Dec'29th

Yours... awaiting summer 2021, which won't likely be what many expect it to be.

Weekend update - US equity indexes

It was a mixed week for US equity indexes, with net weekly changes ranging from +0.4% (Nasdaq comp'), +0.1% (Dow), -0.2% (SPX), -0.3% (Trans), to -0.6% (NYSE comp').

Lets take our regular look at five of the main US indexes

sp'500

Nasdaq comp'

Dow

NYSE comp'

Trans

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Summary

Two US equity indexes were net higher for the week, with three net lower.

The Nasdaq comp' was strongest, whilst the NYSE comp' lagged.

The Nasdaq comp' broke a new historic high.

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Looking ahead

It will be another short week, with Friday closed for New Years day. Thursday will be a full trading day.

Earnings: none.
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Econ-data/events

M - -

T - Case-Shiller HPI

W - Intl' trade, Chicago PMI, Pending home sales

T - Weekly jobs

F - CLOSED *New Years Day*

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Final note

So, we have just four trading days remaining of 2020. For many, it will be a year to forget, for a few - namely the societal and political elite, its been the best year ever. The degree of control over the unwashed sheep has massively increased, whilst the flow of capital is to an ever smaller number of people.

Those of you who continue to fall for the left vs right paradigm, you have only yourselves to blame, for the ongoing horror show.

Ohh, and if you think 2021 will be any better than 2020, you've not been paying attention within... the twilight zone.
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Enjoy the Christmas/holiday weekend

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*the next post on this page will likely appear 5pm EST on Monday.

Merry Christmas

Merry Christmas to my readers, Twitter followers, and subscribers across the world.

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Some of the best movies can be seen today!

 Trading Places (1983)

 

Bad Santa (2003)

 

 Krampus (2015)

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Sunset 3.35pm GMT, Christmas Day

Full moon will be Dec'29th

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Yours... Philip

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*the next scheduled post is the weekend update - due Sat' 12pm EST, covering five of the US equity indexes.

Into the Christmas break

US equity indexes settled Christmas Eve a little higher, SPX +13pts (0.3%) at 3703. Nasdaq comp' +0.3%. Dow +0.2%. The Transports settled +0.1%.

sp'daily5

VIX'daily3

Summary

US equities opened in minor chop mode, but leaned to the upside, helped by further stimulus chatter, and later by news of a UK/EU BREXIT trade deal. 

Meanwhile...

Pre-market upset

Yoon of CNBC detailed news that the CCP are launching an anti-monopoly probe against Alibaba. The timing is interesting, and it could certainly be seen as an anti-Christmas present against the 'capitalistic pigs'. I'm sure a fair number of the communists won't be satisfied until Jack Ma is either locked up... or dead. 

Equities saw considerable chop into the early 1pm close, with a closing hour low of 3689, but moderately bouncing to settle at 3703.

Volatility melted into the Christmas break, the VIX settling -7.6% to 21.53.

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A ray of hope on Christmas Eve

 

The capital of lockdown

Jupiter and Saturn, skirting the London rooftops

Full moon will be Dec'29th

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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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If you value my work on Blogger, Twitter, and want more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com