Monday 5 June 2023

Net bullish Monday

US equity indexes closed on a weak note, SPX -8pts (0.2%) at 4273. Nasdaq comp' -0.1%. Dow -0.6%. The Transports settled -1.1%. R2K -1.4%.

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, if leaning upward to print a new cycle high of 4299. There was some cooling to 4266, and settling at 4273. With a new multi-month high (for the SPX and Nasdaq comp'), it has to be seen as a net bullish Monday.

Volatility was a little mixed, the VIX printing 15.29, if cooling back to settle +0.9% to 14.73.
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Goodnight from London
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