Monday 1 May 2023

Bank Holiday Monday

US equity indexes closed rather mixed, SPX -1pt (0.04%) at 4167. Nasdaq comp' -0.1%. Dow -0.1%. The Transports settled +1.0%. R2K +0.1%

SPX - daily

VIX - daily

Summary

Whilst many (not least the UK and European) markets were closed, the US market still opened. Equities saw minor chop... if leaning positive, the SPX printing a new multi-week high of 4186, if cooling back to settle at 4167.

Volatility was subdued, the VIX printing a new cycle low of 15.53, and settling +1.9% to 16.08.
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London remains a work in progress


A fine May evening

 

Full moon will be this Friday May 5th


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

Goodnight from London
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