Thursday 1 February 2024

Shrugging off Powell

US equity indexes closed significantly higher, SPX +60pts (1.2%) at 4906. Nasdaq comp' +1.3%. Dow +1.0%. The Transports settled +0.8%. R2K +1.4%

SPX - daily

VIX - daily


US equities opened moderately higher, and whilst the gains were pretty shaky, the market battled upward into the late afternoon and settling at 4906. 

Volatility was a little mixed, the VIX printing 14.63, but cooling back to settle -3.3% to 13.88.

The moon... in very early morning

A sunrise... is exceptionally rare for yours truly

 A fine winter's day

... and once more, night must fall.

Extra charts in AH (usually around 5pm EST) @

Goodnight from London


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