US equity indexes closed rather mixed, SPX -16pts (0.4%) at 4124. Nasdaq comp' -1.0%. Dow +0.2%. The Transports settled +0.1%.
SPX - daily5
VIX - daily3
Summary
US equities opened in minor chop mode, but battled upward, with the SPX printing a new historic high of 4151.
Meanwhile...
As some rightly noted on Twitter, the only reason Madoff died in a jail cell was because he stole from the rich. Remember all those execs at Wells Fargo, who created millions of accounts. and duly billed their customers? The corrupt execs only had to settle with the SEC and DoJ, ironically, using shareholder money!
The afternoon saw some cooling, with the SPX settling on a moderately weak note. Again though, that is from a historic high, but which by default, still made it a net bullish day.
Volatility remained subdued, the VIX settling +2.0% to 16.99.
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| Air traffic is picking up... if slowly |
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| Headed toward the Americas |
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| Another day closer to summer warmth |
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| Next full moon... Apr'26th |
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Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
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