US equity indexes closed moderately higher, SPX +10pts (0.3%) at 3702. Nasdaq comp' +0.5%. Dow +0.3%. The Transports settled +0.4%.
sp'daily5
VIX'daily3
Summary
US equities opened on a weak note, but all the bears could muster was an opening low of sp'3678.
Meanwhile...
... and specifically Goldman...
You could certainly argue someone at Squid HQ just drew a straight line from 2016, offering incremental increases into end 2022. Its good work if you can get it, yes?
Meanwhile...
US President Trump addressing the mainstream media hack-fraud press, at Operation Warp Speed.
A sideline curiosity remains whether anyone will publicly ask Trump about...
Its not an issue I would dismiss lightly.
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The afternoon saw the market lean upward, with the SPX breaking a new historic high of 3708, for what was a pretty typical turnaround Tuesday.
Volatility remained subdued, the VIX settling -2.9% to 20.68.
*There are just sixteen trading days left of the year.
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Goodnight
from London
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