Monday, 17 April 2023

Failure to launch

US equity indexes mostly closed a little higher, SPX +13pts (0.3%) at 4151. Nasdaq comp' +0.3%. Dow +0.3%. The Transports settled +0.5%. R2K +1.3%.

SPX - daily

VIX - daily

Summary

The day began with...


... but the launch was scrubbed, with a second attempt due this Wed', or perhaps a more Elon friendly 4/20.

Equities opened in minor chop mode, if leaning a little weak into the early afternoon to 4123, with a minor rally to settle at 4151.

Volatility was subdued, the VIX settling -0.7% to 16.95.
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Goodnight from London
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