Tuesday 9 February 2021

Tuesday chop

US equity indexes closed a little mixed, SPX -4pts (0.1%) at 3911. Nasdaq comp' +0.1%. Dow -0.03%. The Transports settled +0.7%.

sp'daily5

 


VIX'daily3

 


Summary

US equities opened a little weak, but all the bears could muster was sp'3902.

Meanwhile...


The acronym ADE comes to mind.
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The afternoon saw considerable micro chop, although the SPX still managed to print a fractional new historic high of 3918, before a touch of cooling to settle at 3911.

Volatility was very subdued, the VIX settling +1.8% to 21.63.

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Goodnight from London
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