Wednesday, 3 September 2025

Midweek chop

US equity indexes closed mixed, SPX +32pts (0.5%) at 6448. Nasdaq comp' +1.0%. Dow -0.1%. The Transports settled -0.4%. R2K -0.2% 

SPX - daily

VIX - daily

Summary

US equity indexes opened somewhat mixed... with the SPX and Nasdaq skewed moderately higher due to GOOGL and AAPL. The SPX printing 6453, cooling to 6416, with a closing hour bounce to settle at 6448

Volatility was ground lower, the VIX settling -4.8% to 16.35. 
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The reality is... there is no hope, in the land of monsters

 

Another day closer to a sovereign bond default
 

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

Goodnight from London
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