Friday, 11 July 2025

Tariff related weakness

US equity indexes closed on a weak note, SPX -20pts (0.3%) at 6259. Nasdaq comp' -0.2%. Dow -0.6%. The Transports settled -0.7%. R2K -1.3%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note - due to Tariff man threatening 35% tariffs on Canada. However, all the bears could manage was 6237. The afternoon saw a minor recovery settle a little weak at 6259.

Volatility was a little mixed, the VIX printing a high of 16.87, and cooling to settle +3.9% to 16.40.
-

Another fine day


More green than the market


Bullish carbon capture


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

Goodnight from London
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