Monday 8 November 2021

Post infra bill chop

US equity indexes closed marginally positive, SPX +4pts (0.1%) at 4701. Nasdaq comp' +0.3%. Dow +0.1%. The Transports settled +0.3%. R2K +0.3%

SPX - daily5

VIX - daily3

Summary

US equities opened in minor chop mode, if leaning to the upward side.

After seeing a poll suggest he sell 10% of his stock, Elon Musk has morphed into 'Lorde Edge' of Trollheim...


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Meanwhile...

Not all of those walking the streets of Philadelphia will survive the Dark Winter.
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The afternoon saw considerable micro chop, for what was a pretty tedious start to the week.
Volatility was subdued, the VIX settling +4.5% to 17.22.


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

Goodnight from London
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