Friday 20 August 2021

Climbing into the weekend

US equity indexes closed broadly higher, SPX +35pts (0.8%) at 4441. Nasdaq comp' +1.2%. Dow +0.6%. The Transports settled +0.2%. R2K +1.7%

SPX - daily5

VIX - daily3

Summary

US equities opened a little choppy, but leaned upward to build broad gains into the afternoon, the SPX printing 4444, and settling at 4441. Considering it was OPEX, today's gains were especially strong.

Mr Crabs remains bullish the US dollar

In the twilight zone, the adventures of SpongeBob usually make more sense than the news headlines that appear across a typical day on Planet Crazy.
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Volatility was ground lower into the weekend, the VIX settling -14.3% to 18.56.


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

Goodnight from London
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