US equity indexes closed very significantly higher, SPX +61pts (1.4%) at 4282. Nasdaq comp' +1.1%. Dow +2.1%. The Transports settled +1.9%. R2K +3.6%.
SPX - daily
VIX - daily
Summary
US equities opened on a positive note, and whilst the gains were initially shaky, there was a secondary push upward that extended into the late afternoon, settling at 4282.
Volatility was crushed into the weekend, the VIX lower for the fifth day of six, settling -6.7% to 14.60.
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Oct'2021... the Cramer touting the Magnificent Seven
All of this has happened before... and will happen again...
June 2023... the Cramer touting the Magnificent Seven
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Goodnight
from London
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