Thursday 29 July 2021

Robinhood is trading

US equity indexes closed a little higher, SPX +18pts (0.4%) at 4419. Nasdaq comp' +0.1%. Dow +0.4%. The Transports settled +0.8%.

SPX - daily5


VIX - daily3

Summary

US equities opened on a choppy note, but leaned upward into the mid afternoon, the SPX printing a new historic high of 4429.

Meanwhile...

I can relate to Josh Brown

The afternoon saw considerable chop, cooling a little into the close.

Volatility was subdued, the VIX settling -3.3% to 17.70.

Robinhood Markets (HOOD), 1min

 


It was a rough start for the latest meme stock, printing $33.35, bouncing to the IPO $38s, but settling -8.4% at $37.39.
-

Another day closer


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

Goodnight from London
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