Friday 17 November 2023

Micro OPEX chop

US equity indexes closed on a positive note, SPX +5pts (0.1%) at 4514. Nasdaq comp' +0.1%. Dow +0.01%. The Transports settled +0.8%. R2K +1.4%

SPX - daily

VIX - daily

Summary

US equities saw pre-market moderate gains erode... opening broadly flat. From there, it was a day of micro chop, settling fractionally higher at 4514. Volatility remained repressed, the VIX printing a new cycle low of 13.67, and settling -3.6% to 13.80.
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Next full moon is Nov'27th


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Goodnight from London
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