Wednesday 12 January 2022

Midweek chop

US equity indexes closed a little mixed, SPX +13pts (0.3%) at 4726. Nasdaq comp' +0.2%. Dow +0.1%. The Transports settled -0.1%. R2K -0.8%.

SPX - daily

VIX - daily

Summary

Equities opened on a positive note, which was somewhat impressive considering the CPI data. The gains were shaky though, with indexes all turning negative by late morning.

The afternoon saw considerable chop, if cooling back a little.

Volatility cooled back, the VIX settling -4.3% to 17.62. Tomorrow is a Thursday, and that will inherently favour the equity bears. It'd sure help if there was some sporadic spooky news.
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A South Korean heavy... set to land.


A fine winter's day


To the moon!


Full moon... Jan'17

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

Goodnight from London
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