Monday, 26 July 2021

Monday micro chop

US equity indexes closed fractionally higher, SPX +10pts (0.2%) at 4422. Nasdaq comp' +0.03%. Dow +0.2%. The Transports settled +0.1%.

SPX - daily5

VIX - daily3

Summary

It was a day of considerable micro chop, but the equity bull maniacs still managed a new historic high, settling at sp'4422. Volatility was subdued, the VIX settling +2.2% to 17.58. Most of today's gain was largely due to it being a new week.
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Another day closer to the end


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Goodnight from London
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