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.
-
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.
--
... 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.
--
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.
–
Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
--
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
