Wednesday, 28 July 2021

More fedspeak nonsense

US equity indexes closed rather mixed, SPX -0.8pts (0.02%) at 4400. Nasdaq comp' +0.7%. Dow -0.4%. The Transports settled -0.6%.

SPX - daily5

VIX - daily3

Summary

It was a day of considerable micro chop.

Powell - CEO of Print Central


The market saw some moderate chop with Powell touting the usual fedspeak nonsense. There was a touch of cooling into the close, with the SPX settling effectively flat.

Volatility was a little choppy, the VIX printing 19.44, but settling -5.4% to 18.31.
-

Another day concludes on Planet Crazy


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

Goodnight from London
--


If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com