Tuesday, 5 November 2024

Election Day Upside

US equity indexes closed significantly higher, SPX +70pts (1.2%) at 5782. Nasdaq comp' +1.4%. Dow +1.0%. The Transports settled +1.7%. R2K +1.9%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, with the SPX building sig' gains to 5780. The afternoon saw a little cooling, but a closing hour micro ramp to settle at 5782. Volatility was ground lower, the VIX settling -6.8% to 20.49.
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The oaks will survive any winter


The UK is a safe space for Squirrels


In memory of Guy Fawkes

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

Goodnight from London
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