US equity indexes closed on a weak note, SPX -41pts (0.9%) at 4668. Nasdaq comp' -2.5%. Dow -0.1%. The Transports settled -0.6%. R2K -2.0%.
SPX - daily5
VIX - daily3
Summary
US equities were significantly higher in pre-market, with the SPX set for a new historic high, but the gains faded into the open. But hey... it was a Thursday, which inherently favour the bears. Whilst today wasn't so great, the following sums up the grander problems the equity bears face...
A fine piece of work... the transition from Rogue One to Episode 4
... and yes, whilst it didn't work out so well for Vader or the Empire in the end, it took almost a quarter century!
Ohh, and another great highlight via Elon...
In another timeline, I'm asking someone questions about ... their dear mother.
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The afternoon saw the market unravel, lead lower by the Nasdaq.
Volatility opened to the mid 18s, but with spiraling equities, the VIX printed 22.13, and settling +6.6% to 20.57. As for Friday, I'll merely note its OPEX, and we should expect broad chop on higher vol'.
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Goodnight
from London
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