Gap filling into end month

US equity indexes closed very significantly higher, SPX +92pts (1.6%) at 5954. Nasdaq comp' +1.6%. Dow +1.4%. The Transports settled +1.4%. R2K +0.9%

SPX - daily

VIX - daily

Summary

Equities opened a little mixed, with the SPX seeing moderate cooling, fully filling the downside gap to 5842. From there... choppy upside to 5903. The afternoon saw a swing lower to print a fractional lower low of 5938, but seeing a late afternoon ramp to settle very significantly higher at 5954.

Volatility was mixed, the VIX printing an early high of 22.06, cooling back to 19.92, a secondary spike to 22.40, and cooling back to settle -7.1% to 19.63.
-

The sun sets on February

Early signs of spring

A fine evening

–
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Goodnight from London
--

 

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A red Thursday

US equity indexes closed significantly lower, SPX -94pts (1.6%) at 5861. Nasdaq comp' -2.8%. Dow -0.4%. The Transports settled -0.6%. R2K -1.5%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, but the gains were shaky from the start, with the SPX swinging from 5993 to 5918. There was a bounce to 5975. The afternoon saw another swing lower to 5858, and settling very significantly lower at 5861.

Volatility was mixed, the VIX had an opening low of 18.02, but settling +10.6% to 21.13

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   A fine evening

... once more... the sun sets.

Twilight glow

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

Goodnight from London
--

 

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Midweek reversal

US equity indexes closed a little mixed, SPX +0.8pts (0.01%) at 5956. Nasdaq comp' +0.3%. Dow -0.4%. The Transports settled -0.3%. R2K +0.05%

SPX - daily

VIX - daily

Summary

US equities opened on a positive, and whilst the gains were shaky (the Dow turning red), there was a secondary push upward to 6009. From there... fading to 5932, and settling at 5956.

Volatility was mixed, the VIX printing a low of 17.83, but settling -1.7% to 19.10.
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Bullish rainbows

The construction continues

I see you

Every sky is wondrously unique

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

Goodnight from London
--

 

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A lower low

US equity indexes mostly closed on a weak note, SPX -28pts (0.5%) at 5955. Nasdaq comp' -1.3%. Dow +0.4%. The Transports settled -0.04%. R2K -0.4%

SPX - daily

VIX - daily

Summary

US equities opened broadly flat... but the SPX took a swing lower, breaking a lower low of 5908, just 3pts shy of tagging red gap. The late afternoon saw a bounce to 5992, if settling moderately lower at 5955.

Volatility picked up, the VIX printing 21.48, if cooling back to settle +2.4% to 19.43.
-

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

Goodnight from London
--

 

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A messy Monday

US equity indexes mostly closed on a weak note, SPX -29pts (0.5%) at 5983. Nasdaq comp' -1.2%. Dow +0.1%. The Transports settled -0.7%. R2K -0.7%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, but the gains were shaky from the start. The SPX saw a sig' swing lower from 6043 to 5977. From there... a recovery to 6031. The late afternoon saw renewed cooling to settle moderately lower at 5983.

Volatility was mixed, the VIX printing an early high of 20.24, but cooling back to settle +4.2% to 18.98.
-

Another day closer to spring

Almost five years ago... it was illegal to sit on this bench

–
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Goodnight from London
--

 

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Weekend update - US equity indexes

It was a bearish week for US equity indexes, with net weekly declines ranging from -3.6% (R2K), -3.4% (Trans), -2.5% (Nasdaq comp', Dow), -1.7% (SPX), to -1.2% (NYSE comp').

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

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

–

Summary

All six US equity indexes settled sig' lower.

The R2K lead the way down, whilst the NYSE comp' was most resilient. 

The SPX broke a new historic high.

–

Looking ahead

Earnings:

*Sat' Feb'22: BRK.B

M - $DPZ $AZUL $SMMT $WLK $SSL $CCO $HIMS $RIOT $TEM $CLF $ZM $FANG $CTRA $O $CHGG $TCOM

T - $HD $PLNT $KDP $DOCN $ALLT $CIFR $BNS $DNUT $ITRI $AMT $CAVA $AMC $AXON $FSLR $LCID $CART $LMND $WDAY $ZETA $INTU

W - $LOW $NRG $AAP $YOU $BUD $STLA $IEP $INVZ $VLN $UWMC $NVDA $SNOW $AI $CRM $MARA $JOBY $IONQ $ROOT $KTOS $NTNX

T - $VST $NCLH $GEO $GTN $VTRS $VRNA $TD $MPW $OPRA $DQ $SOUN $DELL $RKLB $ACHR $CLOV $TMDX $DUOL $TLN $OPEN

F - $FUBO $WULF $GTLS $FLGT $AES $FRO $BFLY $AMR $DIBS $APLS

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Econ-data/events

M - -

T - Case-Shiller HPI, consumer conf'

W - New home sales, EIA Pet',

T - Weekly jobs, Q4 GDP (print'2), durable goods orders, pending home sales

F - Pers' income/outlays, PCE, intl' trade, retail & wholesale inventories, existing home sales, consumer sent', Chicago PMI

*As Friday is end month, I'd expect more dynamic price action on higher vol'.

-

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Have a good weekend
--

*the next post on this page will likely appear 4.20pm EST on Monday.

An unusually bearish OPEX

US equity indexes closed very significantly lower, SPX -104pts (1.7%) at 6013. Nasdaq comp' -2.2%. Dow -1.7%. The Transports settled -2.6%. R2K -2.9% 

SPX - daily

VIX - daily

Summary

US equities opened broadly flat, but the SPX did lean weak, spiraling to 6008, and settling at 6013. For an OPEX, it was unusually bearish.  Volatility spiked, the VIX printing 19.03, and settling +16.3% to 18.21

–
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Goodnight from London
--

 

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A typically red Thursday

US equity indexes closed on a weak note, SPX -26pts (0.4%) at 6117. Nasdaq comp' -0.5%. Dow -1.0%. The Transports settled -0.5%. R2K -0.9%

SPX - daily

VIX - daily

Summary

US equities opened weak, with the SPX cooling to 6084, bouncing to 6121, and settling moderately lower at 6117. Volatility picked up, the VIX printing 16.63, if cooling back to settle +2.5% to 15.66.

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

Goodnight from London
--

 

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New historic high

US equity indexes closed mixed, SPX +14pts (0.2%) at 6144. Nasdaq comp' +0.1%. Dow +0.2%. The Transports settled -1.5%. R2K -0.4%

SPX - daily

VIX - daily

Summary

US equities opened a little weak, but all the bears could manage was 6111, before leaning back upward to print a new hist' high of 6147, and settling marginally higher at 6144.

Volatility remained subdued, the VIX settling -0.5% to 15.27.

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

Goodnight from London
--

 

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The final seconds

US equity indexes closed on a positive note, SPX +14pts (0.2%) at 6129. Nasdaq comp' +0.1%. Dow +0.02%. The Transports settled +1.2%. R2K +0.5%

SPX - daily

VIX - daily

Summary

US equities opened in micro chop, and remained that way into the mid afternoon. The closing hour saw a mini ramp, with the SPX printing a new hist' high of 6129 in the final seconds.

Volatility picked up a little, the VIX settling +3.9% to 15.35. 

-

4c/39f, cold... but sunny

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

Goodnight from London
--

 

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Weekend update - US equity indexes

It was a bullish week for most US equity indexes, with net weekly changes ranging from +2.8% (Transports), +2.6% (Nasdaq comp'), +1.5% (SPX), +0.5% (Dow), +0.4% (NYSE comp'), to -0.01% (R2K).

Lets take our regular look at six of the main US indexes (weekly candle charts)

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

–

Summary

Five US equity indexes were net higher for the week, with one net lower.

The Transports lead the way up, whilst the R2K was fractionally lower.

–

Looking ahead

It will be a short four day trading week, with Monday CLOSED for Presidents' Day.

Earnings:

M - $RIG $NE $UFPI $JEED $HUN $OTTR $TNC

T - $BIDU $WGS $AXSM $MDT $ETR $FLR $WSO $EXPD $SPNS $CAG $ANET $OXY $DVN $TOL $HALO $MTDR $UIS $CE $SBLK $CDNS

W - $ETSY $SEDG $GRMN $WIX $FVRR $GLBE $TECK $ADI $KRYS $WING $CVNA $TOST $ENVX $CAKE $BMRN $EXAS $BHC $VALE $NYMT $CDE

T - $BABA $WMT $U $W $CCJ $BAX $NICE $JMIA $SHAK $LNG $MELI $RIVN $XYZ $NEM $INOD $BKNG $TXRH $GH $FIVN $DBX $CELH

F - $ABR $ATMU $ASIX $SHO $UNIT $TXNM $VIPS $USM $BRC $OIS

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Econ-data/events

M - *CLOSED*

T - Empire State Manu', home builder conf'

W - Housing starts, building permits, EIA Pet', FOMC mins (2pm)

T - Weekly jobs, Phil' Fed Manu', leading indicators

F - PMI Serv', PMI manu', consumer sent', existing home sales, *OPEX*

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Enjoy the long weekend
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*the next post on this page will likely appear 4.20pm EST, Tues' Feb'18th