Thursday 15 June 2023

Another day, another new high

US equity indexes closed significantly higher, SPX +53pts (1.2%) at 4425. Nasdaq comp' +1.1%. Dow +1.3%. The Transports settled +1.6%. R2K +0.9%

SPX - daily

VIX - daily

Summary

US equities opened a little weak, but all the bears could manage was 4362, before battling back upward to break into the 4400s, the first time since April 2022. The SPX printed 4439 in mid afternoon, and cooling back to settle at 4425.

Volatility picked up a little, the VIX settling +4.5% to 14.50.
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Almost as green as my screen


A fine summer's day

 
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