Friday 10 December 2021

Inflating into the weekend

US equity indexes mostly closed on a positive note, SPX +44pts (0.9%) at 4712. Nasdaq comp' +0.7%. Dow +0.6%. The Transports settled +0.5%. R2K -0.3%.

SPX - daily5

VIX - daily3

Summary

With CPI coming in broadly inline, US equities opened on a positive note. The gains were shaky though, with some indexes turning red. There was a secondary push upward into the late afternoon, as there is now a clear road into 2022.

With the last big econ-data of the year out of the way, the VIX was ground lower, settling -13.4% to 18.69. The weekly settlement under the key 20 threshold is significant.
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A fine end to the day


Above the roof tops... the moon, Jupiter, a very faint Saturn, and Venus


The Jovian system, with the four Galilean moons


Full moon is Dec'18th


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

Goodnight from London
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