Monday 21 November 2022

Pale Blue Dot

US equity indexes mostly closed on a weak note, SPX -15pts (0.4%) at 3949. Nasdaq comp' -1.1%. Dow -0.1%. The Transports settled +0.3%. R2K -0.5%.

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, with the spx printing 3933. The afternoon saw a recovery to 3962, with renewed weak leaning chop into the close, settling at 3949.

Volatility remained muted, the VIX settling -3.3% to 22.36

Whilst its a holiday week, I'd note that daily equity momentum is weakening, with most indexes prone to turning negative this Wed'/early Friday.
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Earthset

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Pale Blue Dot, by the wondrous Carl Sagan...


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Goodnight from London
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