US equity indexes mostly closed a little higher, SPX +15pts (0.3%) at 4384. Nasdaq comp' +0.2%. Dow +0.4%. The Transports settled -0.2%.
SPX - daily5
VIX - daily3
Summary
US equities began the week in minor chop mode, but it was more than enough to generate yet another new historic high. Whilst s/t momentum weakened into the afternoon, price was still leaning upward.
Meanwhile...
... as the self proclaimed apes continued to hold, and buy into the ongoing multi-week down wave. On a related note, the fact that Disney made more money from Black Widow via DisneyPlus, was another reminder that the slow death of cinema continues.
Volatility was very subdued ahead of Tuesday's CPI data, the VIX settling -0.1% to 16.17.
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Goodnight
from London
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