Monday 3 May 2021

May begins positive

US equity indexes closed rather mixed, SPX +11pts (0.3%) at 4192. Nasdaq comp' -0.5%. Dow +0.7%. The Transports settled +1.8%.

SPX - daily5

VIX - daily3

Summary

US equities began May on a positive note, with the SPX pushing to 4209, but cooling a little in the late afternoon to 4192. Whilst the Transports broke a new historic high, the Nasdaq was a notable laggard.

Volatility was subdued, the VIX settling -1.6% at 18.31  


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

Goodnight from London
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