Wednesday 3 July 2024

Into Independence Day

US equity indexes closed a little mixed, SPX +28pts (0.5%) at 5537. Nasdaq comp' +0.9%. Dow -0.06%. The Transports settled +0.3%. R2K -0.02%

SPX - daily

VIX - daily

Summary

It was a rather positive lead into the holiday break, the SPX and Nasdaq comp' breaking new hist' highs.

Volatility was naturally subdued, the VIX settling +0.5% to 12.09.


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

Goodnight from London
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Tuesday 2 July 2024

Clawing upward

US equity indexes closed a little higher, SPX +33pts (0.6%) at 5509. Nasdaq comp' +0.8%. Dow +0.4%. The Transports settled +0.4%. R2K +0.3%

SPX - daily

VIX - daily

Summary

In pre-market, the SPX was -25pts, but it only opened -10pts, as the bears remain largely powerless. The SPX clawed back upward, settling moderately higher at 5509, just 14pts below last Friday's hist' high.

Volatility remained subdued, the VIX settling -1.5% to 12.03.
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Extra charts in AH (usually around 5pm EDT) @ https://x.com/Trading_Sunset

Goodnight from London
--

 
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Monday 1 July 2024

Holiday week

US equity indexes closed somewhat mixed, SPX +14pts (0.3%) at 5475. Nasdaq comp' +0.8%. Dow +0.1%. The Transports settled -0.8%. R2K -0.8%

SPX - daily

VIX - daily

Summary

US equities saw a day of considerable micro chop, as is to be expected across holiday week.

Volatility was a little mixed, with an early high of 13.26, but the VIX cooling back to settle -1.8% to 12.22. 
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Extra charts in AH (usually around 5pm EDT) @ https://x.com/Trading_Sunset

Goodnight from London
--


Summer subscription offers, see: https://www.tradingsunset.com