Thursday 17 October 2024

New historic high

US equity indexes closed rather mixed, SPX -1pt (0.02%) at 5841. Nasdaq comp' +0.04%. Dow +0.4%. The Transports settled -1.4%. R2K -0.3%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, with the SPX printing a new hist' high of 5878. The gains were shaky though, with some cooling... if only to 5843. There was a secondary bounce into the afternoon, with renewed cooling to turn fractionally negative, and settling at 5841.

Volatility was ground lower for the sixth day of eight, the VIX settling -2.4% to 19.11.
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Behemoth (2017)... a masterpiece of a documentary on communist China.


... if profoundly disturbing, as over a billion sentient lifeforms live in an effective hell.
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The days grow ever shorter


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

Goodnight from London
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