Monday, 8 February 2021

Normal service continues

US equity indexes closed broadly higher, SPX +28pts (0.7%) at 3915. Nasdaq comp' +0.9%. Dow +0.8%. The Transports settled +0.7%.

sp'daily5

 


VIX'daily3

 


Summary

US equities began the week on a positive note, with the SPX opening moderately higher, and printing a new hist' high of 3909. There was a little cooling to 3894, whilst the afternoon saw considerable chop, with a closing hour micro ramp to settle at a new historic high of 3915. 

Volatility was naturally subdued, the VIX settling +1.8% to 21.24. 

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Bullish Blizzards

Bullish snow fields


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Goodnight from London
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