Friday 1 December 2023

December begins positive

US equity indexes closed broadly higher, SPX +26pts (0.6%) at 4594. Nasdaq comp' +0.5%. Dow +0.8%. The Transports settled +3.0%. R2K +2.9%

SPX - daily

VIX - daily

Summary

The last twenty trading days of the year began a little weak, but all the bears could manage was 4554, before resuming upward. The SPX printed a new cycle high of 4599, and settling at 4594.

Volatility was ground lower into the weekend, the VIX settling -2.2% to 12.63.
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Golden, with Gold itself breaking a new historic high of $2095


Sunny... but a cold 1c/33f


Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
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