US equity indexes closed on a broadly weak note, SPX -23pts (0.6%) at 4123. Nasdaq comp' -1.4%. Dow -0.3%. The Transports settled -1.2%. R2K -1.6%.
SPX - daily
VIX - daily
Summary
US equities opened on a weak note, with the SPX spiraling to 4067... just 5pts above the Monday low. There was a very choppy recovery into the early afternoon.
Meanwhile...
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| Ms. Evans got the memo. |
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| ... but Ms. 'We're off the lows of the day' Eisen... did not. |
The late afternoon saw considerable chop, if leaning upward.
Volatility remained very elevated, the VIX settling -3.2% to 30.19.
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Twelve years ago...
"on our way down.......... SEVENTY NINES ARE TRADING! "
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... and CNBC...
I'll continue to regularly slate the Cramer, but he has his moments, and was right about picking up PG on the flash crash. Twelve years ago... what a thought!
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Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
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