Monday 7 December 2020

A little weakness

US equity indexes mostly closed a little weak, SPX -7pts (0.2%) at 3691. Nasdaq comp' +0.4%. Dow -0.5%. The Transports settled -0.1%.

sp'daily5

 


VIX'daily3

 


Summary

It was a day of considerable minor chop, if leaning on the weaker side. Its notable that the Nasdaq comp', Dow, and Transports broke new historic highs, making it a day AND week for the equity bulls.

Volatility saw an early (cash market) high of 22.03, the VIX settling +2.4% to 21.30.  


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

Goodnight from London
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