Tuesday 1 December 2020

Already a month for the equity bulls

US equity indexes closed broadly higher, SPX +40pts (1.1%) at 3662. Nasdaq comp' +1.3%. Dow +0.6%. The Transports settled +0.3%. 

sp'daily5

 


VIX'daily3

 


Summary

US equities opened broadly higher, with the SPX breaking a new historic high, which by default, already makes it a month for the equity bulls.

Cruising to new highs

 
 Meanwhile...


The US election hearings continue.

The afternoon saw the SPX print 3678, with some moderate cooling into the close.

Volatility was subdued, the VIX printing 20.04 in early morning, but settling +1.0% at 20.77.
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Bullish golden sunshine


Winter solstice is another day closer


The waning moon


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

Goodnight from London
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