Tuesday 15 February 2022

Bouncing on a dubious headline

US equity indexes closed significantly higher, SPX +69pts (1.6%) at 4471. Nasdaq comp' +2.5%. Dow +1.2%. The Transports settled +0.6%. R2K +2.7%.

SPX - daily

VIX - daily

Summary

US equities opened very significantly higher on the following very dubious headline...


The market is still getting swung around by sporadic Russian/Ukrainian news headlines. The afternoon saw considerable chop, ahead of the Biden...


With positive equities, volatility cooled back, the VIX settling -9.3% to 25.70. I'll merely add that the day after tomorrow is a Thursday.
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A very hazy... almost full moon


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

Goodnight from London
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