Thursday 29 February 2024

February settles

US equity indexes closed on a positive note, SPX +26pts (0.5%) at 5096. Nasdaq comp' +0.9%. Dow +0.1%. The Transports settled +0.9%. R2K +0.6%

SPX - daily

VIX - daily

Summary

US equities opened moderately higher, and whilst the gains were shaky to 5061, the SPX settled moderately higher at 5096. Volatility remained subdued, the VIX settled -3.2% to 13.40.
-

The midnight hour... of March 1st


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

Goodnight from London
--

 

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Wednesday 28 February 2024

The tedium continues

US equity indexes closed a little weak, SPX -8pts (0.2%) at 5069. Nasdaq comp' -0.5%. Dow -0.1%. The Transports settled -0.6%. R2K -0.8%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, but the declines barely merited as 'moderate', with underlying price action still distinctly strong. The SPX saw a low of 5058, and settling at 5069. Volatility picked up a little, the VIX settling +3.0% to 13.84.
--

 
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Tuesday 27 February 2024

Tedious Tuesday

US equity indexes closed rather mixed, SPX +8pts (0.2%) at 5078. Nasdaq comp' +0.4%. Dow -0.2%. The Transports settled -0.3%. R2K +1.4%

SPX - daily

VIX - daily

Summary

Equities opened in minor chop mode, if leaning a little weak, the SPX printing 5057, and settling at 5078. Volatility was subdued, the VIX lower for a fifth day, settling -2.3% to 13.46.

Wednesday can only be more lively, yes? 😑


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

Goodnight from London
--


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Monday 26 February 2024

Weak leaning chop

US equity indexes mostly closed a little weak, SPX -19pts (0.4%) at 5069. Nasdaq comp' -0.1%. Dow -0.2%. The Transports settled -0.5%. R2K +0.7%

SPX - daily

VIX - daily

 

Summary

US equities opened in minor chop mode, if leaning on the weaker side, settling at 5069.

Volatility was subdued, the VIX lower for a fourth day, settling -0.1% to 13.74.
-

The Magnolias are ready


There is no way I'm going to outlive this oak


Escaping the London metropolis


Sunny, 6c/42f, but feeling very cold in the wind


 

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Saturday 24 February 2024

Weekend update - US equity indexes

It was a bullish week for most US equity indexes, with net weekly changes ranging from +1.9% (Trans), +1.7% (SPX), +1.4% (Nasdaq comp'), +1.3% (Dow), +1.2% (NYSE comp'), to -0.9% (R2K).

Lets take our regular look at six of the main US indexes

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

Five US equity indexes saw net weekly gains, with one net lower.

The Transports lead the way up, whilst the R2K was broadly lower.

The SPX, Dow, and NYSE comp' broke new historic highs.

Looking ahead

We've another truck load of earnings, but most of them are mid/low tier names that few will have any interest in.

Earnings:

M - LI, DPZ, BRK.B, KRYS, AMR, ITRI, FIS, FRPT, PPC, SGRY, U, ZM, WDAY, HIMS, OKE, IRBT, CARG, SBAC, EVBG, HEI

T - NCLH, AZO, LOW, TREE, AEP, FOUR, CBRL, AMT, M, BNS, DVN, FSLR, CAVA, RKLB, ARRY, AXON, BYND, LMND, SPLK, SPCE

W - BIDU, NVAX, AAP, IEP, TJX, VTRS, ACMR, FLGT, TGTX, EME, CRM, MARA, SNOW, AMC, AI, PARA, OKTA, IONQ, WW, DUOL

T - CELH, CNQ, MLCO, BBY, CRON, BIRK, PSNY, BUD, BBWI, SIX, ZS, DELL, SOUN, FSR, DNA, ADSK, GRBK, HPE, VEEV, ESTC

F - PLUG, FUBO, TDW, RPID, RDNT, AY, INTT, AMRX

-

Econ-data/events

M - New home sales

T - Durable goods orders, Case-Shiller HPI, consumer conf'

W - Q1 GDP (print'2), intl' trade, retail/wholesale invent', EIA Pet'

T - Weekly jobs, Pers' income/outlays, PCE, pending home sales,

F - -

*as Thursday is end month, I'd expect more dynamic price action on higher vol'.
-


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Have a good weekend... if you deserve it (most of you don't)
--

*the next post on this page will likely appear 4.20pm EST on Monday.

Friday 23 February 2024

The 5100s

US equity indexes mostly closed a little higher, SPX +1pt (0.03%) at 5088. Nasdaq comp' -0.3%. Dow +0.2%. The Transports settled +0.6%. R2K +0.3%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, the SPX printing a new historic high of 5111. From there... considerable minor chop, if leaning on the weaker side to 5081, and settling at 5088. Volatility was ground lower into the weekend, the VIX settling -5.4% to 13.76
-

99.5%


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

Goodnight from London
--

 

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Thursday 22 February 2024

Twelve years a posting

US equity indexes closed SPX +105pts (2.1%) at 5087. Nasdaq comp' +3.0%. Dow +1.2%. The Transports settled +1.5%. R2K +0.8%

SPX - daily

VIX - daily

Summary

US equities opening significantly higher, with the SPX printing a new hist' high of 5094, and settling at 5087. Volatility was crushed back lower, the VIX settling -5.2% to 14.54.
-

I present to you, the Biden... 


Funny... if equally pathetic.
--


Twelve years a posting

Post 1, Feb'22nd 2012... 

https://permabeardoomster.blogspot.com/2012/02/can-anyone-fly-plane.html

... back when SPX was printing 1357. 

 


I've not had a week off since that first post, and it shows, as I'm beyond burnt out. 
Death would be a far better place for yours truly, as life on planet Krazy is more worse with each day. 

Goodnight from London

 

Wednesday 21 February 2024

Closing hour mini ramp

US equity indexes closed moderately mixed, SPX +6pts (0.1%) at 4981. Nasdaq comp' -0.3%. Dow +0.1%. The Transports settled +0.8%. R2K -0.5%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, with the SPX printing a closing hour low of 4946, but seeing a mini ramp to settle fractionally higher at 4981. Volatility was a little mixed, the VIX printing 16.10, but cooling back to settle -0.5% to 15.34. 


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

Goodnight from London

Tuesday 20 February 2024

Tuesday cooling

US equity indexes closed broadly lower, SPX -30pts (0.6%) at 4975. Nasdaq comp' -0.9%. Dow -0.2%. The Transports settled -1.1%. R2K -1.4%

SPX - daily

VIX - daily

Summary

US equities opened moderately lower, with the SPX cooling to 4955, with a little bounce to settle at 4975. Volatility was a little mixed, the VIX printing 15.91, if cooling back to settle +8.3% to 15.42.


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

Goodnight from London
--

 
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Saturday 17 February 2024

Weekend update - US equity indexes

It was a mixed week for US equity indexes, with net weekly changes ranging from -3.6% (Trans), -1.3% (Nasdaq comp'), -0.3% (SPX), -0.1% (Dow), +0.8% (NYSE comp'), to +1.2% (R2K).

Lets take our regular look at six of the main US indexes (weekly candle charts)

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

Four US equity indexes settled net lower for the week, with two net higher.

The 'old leader' - Transports, lead the way down, with the R2K sig' higher.

The SPX, Dow, and NYSE comp' broke new hist' highs.

Looking ahead

It will be a short four day trading week, with Monday CLOSED for Washington's birthday.

Earnings:

M - *CLOSED*

T - RIG, DOOR, JELD, HSTM, BSM - - WMT, HD, AXSM, MDT, BCS, LGIH, DAN, AWI, KBR, FLR, PANW, SEDG, O, TDOC, ENVX, CZR, FANG, NEO, TOL, MED

W - VRT, MPW, ADI, WING, WIX, PLAB, GLBE, EXC, ALIT, HSBC, NVDA, RIVN, LCID, ETSY, SNPS, NOVA, BROS, APA, MRO, SU

T - MRNA, NEM, AG, NKLA, LNG, FVRR, W, PXD, ECC, BLDR, SQ, CVNA, MELI, NU, ARDX, BKNG, INTU, INDI, VALE, LYV

F - WBD, BLMN, LAMR, NWN, DSX

-

Econ-data/events

M - *CLOSED*

T - Leading indicators

W - FOMC mins (2pm)

T - Weekly jobs, PMI manu' & serv', existing home sales, EIA Pet & NG reports,

F - -

-

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Enjoy the long weekend
--

*the next post on this page will likely appear 4.20pm EST on Tues' February 20th. 

Friday 16 February 2024

Into the long weekend

US equity indexes closed broadly lower, SPX -24pts (0.5%) at 5005. Nasdaq comp'-0.8%. Dow -0.4%. The Transports settled -1.7%. R2K -1.4%

SPX - daily

VIX - daily

Summary

US equities opened a little choppy. There was some cooling to 4999, a bounce to 5038, and cooling back to settle moderately lower at 5005. Volatility was subdued, the VIX settling +1.6% to 14.24.


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

Goodnight from London
--

 

For details and the latest offers, see: https://www.tradingsunset.com

Thursday 15 February 2024

Thursday upside

US equity indexes closed on a positive note, SPX +29pts (0.6%) at 5029. Nasdaq comp' +0.3%. Dow +0.9%. The Transports settled +0.5%. R2K +2.6%

SPX - daily

VIX - daily

Summary

US equities opened a little higher. From there... considerable chop, if leaning upward to 5032, and settling at 5029. Volatility was ground lower for a second day, the VIX settling -2.6% to 14.01.

Most notable today... the NYSE comp' broke a new hist' high.

-

Spring is coming


Mostly cloudy... if mild, 14c/57f

 

Moon & Jupiter

Next full moon... Feb'24th

A little closer


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

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com