US equity indexes closed rather mixed, SPX +30pts (0.7%) at 4399. Nasdaq comp' +1.6%. Dow -0.1%. The Transports settled +0.03%. R2K -0.2%
SPX - daily
VIX - daily
Summary
US equities began the week on a somewhat positive note. The initial gains were shaky, with most indexes turning negative, before a secondary wave upward to 4407, and settling at 4399. Tuesday might easily open lower, but I'd still look for the 50dma... currently 4455 before the weekend.
Volatility was mixed, the VIX printing 18.11, if cooling back to settle -1.0% to 17.13. The 14s appear due within 3-4 days.
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| As green as the Nasdaq |
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| Summer is fading away |
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Goodnight
from London
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