Wednesday, 31 December 2025

2025 settles

US equity indexes settled 2025 on a moderately weak note, SPX -50pts (0.7%) at 6845. Nasdaq comp' -0.8%. Dow -0.6%. The Transports settled -0.6%. R2K -0.7%

SPX - daily

VIX - daily


Summary

US equities opened a little weak, with the SPX seeing choppy cooling to settle moderately lower at 6845. Volatility climbed for a fourth day, the VIX settling +4.3% to 14.95. 

-

 

1c/33f... a cold day

 

Full moon is Sat' January 3rd


Bullish to the moon




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Tuesday, 30 December 2025

Naturally subdued

US equity indexes closed a little weak, SPX -9pts (0.1%) at 6896. Nasdaq comp' -0.2%. Dow -0.2%. The Transports settled -0.5%. R2K -0.7%

SPX - daily


VIX - daily


Summary

US equities opened broadly flat, saw considerable chop across the day, ending a little weak at 6896. 

Volatility was itself subdued, the VIX settling +0.9% to 14.33. 
-

A fine evening

 

St Mary's of Harrow

 

Full moon is near



Bullish super zoom
 

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Monday, 29 December 2025

A little cooling

US equity indexes closed moderately weak, SPX -24pts (0.3%) at 6905. Nasdaq comp' -0.5%. Dow -0.5%. The Transports settled -0.5%. R2K -0.6%

SPX - daily

VIX - daily

Summary

US equities saw a little cooling, the SPX printing 6888, and settling at 6905.

Volatility picked up a little, the VIX settling +4.4% to 14.20.  




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Saturday, 27 December 2025

Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +1.5% (NYSE comp'), +1.4% (SPX), +1.2% (Nasdaw comp, Dow), +0.5% (Trans), to +0.2% (R2K).

Lets take our regular look at six of the main US indexes

sp'500


Nasdaq comp'


Dow

 
NYSE comp'


R2K


Trans


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Summary 

All six US equity indexes were net higher for the week.

The NYSE comp' and SPX were sig' higher, whilst the R2K lagged.

The SPX and NYSE comp' broke new historic highs. 
 
--
 
Looking ahead

It will be a short four day trading week, with Thursday CLOSED for New Years Day

Earnings: none.
-

Econ-data/events

M - pending home sales

T - Case-Shiller HPI, Chicago PMI, FOMC mins (2pm)

W - weekly jobs

T - CLOSED

F - -

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Final note

We've just three trading days left of the year.
 


Have a good weekend
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*the next post on this page will likely appear 6pm EST on Monday. 
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Friday, 26 December 2025

Boxing Day

US equity indexes closed on a weak note, SPX -2pts (0.03%) at 6929. Nasdaq comp' -0.1%. Dow -0.04%. The Transports settled -0.1%. R2K -0.5% 

SPX - daily


VIX - daily


Summary

US equities opened a little higher, with SPX printing a new hist' high of 6945, if cooling back to settle fractionally lower at 6929. Volatility was a little mixed, the VIX printing a high of 14.29, and settling +1.0% to 13.60 

-



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-

End week chatter...

  

Wednesday, 24 December 2025

Christmas Eve

US equity indexes closed on a positive note, SPX +22pts (0.3%) at 6932. Nasdaq comp' +0.2%. Dow +0.6%. The Transports settled +0.2%. R2K +0.3% 

SPX - daily



VIX - daily



Summary

US equities opened broadly flat, but resumed algobot upward melt, the SPX printing a new hist' high of 6937, and settling marginally higher at 6932. 

Volatility was naturally ground lower into Christmas, the VIX settling -4.2% to 13.41.  



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Tuesday, 23 December 2025

Algobot upward melt

US equity indexes closed somewhat mixed, SPX +31pts (0.5%) at 6909. Nasdaq comp' +0.6%. Dow +0.2%. The Transports settled -0.2%. R2K -0.6%

SPX - daily



VIX - daily


Summary

US equities opened broadly flat, and slipped into algobot upward melt mode, settling moderately higher at 6909.  Volatility was ground lower for a fourth consecutive day, the VIX printing 13.64, and settling -0.6% to 14.00. 



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Monday, 22 December 2025

Christmas week

US equity indexes closed on a positive note, SPX +43pts (0.6%) at 6878. Nasdaq comp' +0.5%. Dow +0.5%. The Transports settled +0.7%. R2K +1.1%

SPX - daily



VIX - daily


Summary

US equities began Christmas week on a positive note, the SPX printing 6882, and settling moderately higher at 6878.  Volatility was ground lower for a third consecutive day, the VIX settling -5.6% to 14.08. 



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Saturday, 20 December 2025

Weekend update - US equity indexes

It was a mixed week for US equity indexes, with net weekly changes ranging from -0.9% (R2K), -0.7% (Dow), -0.4% (NYSE comp'), +0.1% (SPX), +0.3% (Trans), to +0.5% (Nasdaq comp').

Lets take our regular look at six of the main US indexes

sp'500

Nasdaq comp'

Dow


NYSE comp'

R2K

Trans

--

Summary

Three US equity indexes were net lower for the week, with three net higher.

The R2K was broadly lower, whilst the Nasdaq was moderately higher. 

--

Looking ahead 

The schedule is very light, for what is a 3.5 trading day Christmas week.

Earnings:

M -

T - $LMNR 

W -

T -

F -

-

Econ-data/events

M - -

T - Q3 GDP, durable goods orders, consumer conf'

W - Weekly jobs  *EARLY CLOSING*

T -*CLOSED*

F - -

--

Stocked up for the winter
 

Final note

Reading around... I see more bearish outlooks for 2026 than bullish. Yours truly is (somewhat ironically) leaning to the latter, not least based on a few stocks... notably DECK and UNH. 

Silver is where the real action is. Maybe it will hit $100 in January, but if not... there is always February... and beyond. If you're bullish silver... you can't be bearish equities, as the two broadly trade together. 

With a SpaceX IPO likely due in Sept'2026, I'm increasingly thinking we'll see net upside into the late summer, before typical seasonal cooling into the midterms.

Of course... there are endless wild cards, not least Trump-Venezuela, Europe-Ukraine, Israel, and Taiwan-China. I don't call it planet Krazy for nothing. 

With yours truly fully stocked, I shall hope you have enough popcorn to last across Christmas, and into the new year.


Have a good weekend
--

 *the next post on this page will likely appear 6pm EST on Monday.

-

Gold, Silver, miners...  


 -

A-Z of stocks 


 

Friday, 19 December 2025

A green QUAD-OPEX

US equity indexes closed on a positive note, SPX +60pts (0.9%) at 6834. Nasdaq comp' +1.3%. Dow +0.4%. The Transports settled +0.2%. R2K +0.8% 

SPX - daily


VIX - daily


Summary

US equities opened on a positive note, the SPX battling upward to 6840, and settling at 6834.

Volatility was ground lower into the weekend, the VIX settling -11.6% to 14.91 

-

        ... as winter solstice is near
 


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Thursday, 18 December 2025

A positive Thursday

US equity indexes closed broadly higher, SPX +53pts (0.8%) at 6774. Nasdaq comp' +1.4%. Dow +0.1%. The Transports settled +0.8%. R2K +0.6%

SPX - daily

VIX - daily


Summary

US equities opened broadly higher, with the SPX pushing to 6816. There was a brief cooling wave to 6758, and settling broadly higher at 6774. Volatility was ground lower, the VIX settling -4.3% to 16.87. 

 
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