Wednesday, 17 July 2024

A mostly red Wednesday

US equity indexes mostly closed sig' lower, SPX -78pts (1.4%) at 5588. Nasdaq comp' -2.8%. Dow +0.6%. The Transports settled -1.4%. R2K -1.0%

SPX - daily

VIX - daily

Summary

US equities opened broadly lower... and I'd emphasise 'broadly', as the Dow was net higher, mostly due to INTC and UNH. 

Volatility picked up, the VIX printing 14.88, and settling +9.8% to 14.48.
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A bit of cloud... a bit of sun

 

Full moon... is Sunday July 21st

 

Starship test'5 is due in 3-4 weeks.

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

Goodnight from London
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