Monday 1 February 2021

The casino resumes

US equity indexes mostly closed significantly higher, SPX +59pts (1.6%) at 3773. Nasdaq comp' +2.5%. Dow +0.8%. The Transports settled +1.3%.

sp'daily5


VIX'daily3


Summary

US equities opened on a broadly positive note, although the gains were shaky from 3755, with some distinct cooling to 3725, before resuming upward.

Meanwhile...


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The afternoon saw considerable chop, with a little cooling from a high of 3784.

Volatility was mixed, the VIX settling -8.6% to 30.24.

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Earth, the moon, and the ISS.


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

Goodnight from London
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