Black candles all over the place

US equity indexes mostly closed a little higher, SPX +16pts (0.2%) at 7707. Nasdaq comp' +0.2%. Dow +0.2%. The Transports settled -0.2%. R2K +0.4%

SPX – daily

VIX – daily

Summary

Equities opened moderately positive, with the SPX pushing to 7643... an effective fill of teal gap. The afternoon saw some cooling to settle marginally higher at 7707. Today's candle is black, which bodes for a red Thursday. 

Volatility was ground lower, the VIX settling -6.0% to 14.98.  
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Gap down and churn

US equity indexes closed broadly lower, SPX -53pts (0.7%) at 7691. Nasdaq comp' -1.3%. Dow -0.2%. The Transports settled -1.6%. R2K -1.3%

SPX – daily

VIX – daily

Summary

Equities opened moderately lower, and then resumed micro chop mode into the late afternoon. The daily charts lean net bearish for Wed', and perhaps more so... Thurs'.

Volatility picked up, the VIX settling +4.3% to 15.84. 
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Another day of micro chop

US equity indexes mostly closed on a weak note, SPX -40pts (0.5%) at 7745. Nasdaq comp' -0.3%. Dow -0.5%. The Transports settled +0.2%. R2K -0.3%

SPX – daily

VIX – daily

Summary

US equities began the week with another day of micro chop, if leaning on the weaker side. 

The VIX picked up, but it was largely due to the new week, the VIX settling +6.6% to 15.19 
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24c/76f

... probably Small Tortoiseshell 

A new home

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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 +1.3% (Trans), +1.2% (R2K), +0.9% (NYSE comp'), +0.4% (SPX), +0.1% (Nasdaq comp'), to -0.6% (Dow).

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

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 Dow was moderately lower.

The SPX, NYSE comp', and R2K broke new historic highs.  

–

Looking ahead

Earnings:

M - $HTHT $FUFU $NSPR $XP $FN $FLXS $DCGO

T - $HD $BIDU $KLAR $AS $PRE $HSAI $VNET $UCL $RNW $PONY $AUNA $KEYS $SQM $ZTO $JKHY $LZB $TOL $MRCY 

W - $ADI $TGT $LOW $TJX $EL $YMM $WB $VIK $ZIM $DVLT $BILL $COTY $BULL $UFI $TLX $VTIX $NDSN $JBSS $CCIF $CLIR 

T - $WMT $BABA $AAP $DE $NTES $FUTU $ATHM $DQ $SCSC $RERE $ROST $FLO $OSIS $FLUX 

F - $BJ $BEKE

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Econ-data/events

M - Empire state manu', housing market index

T - Housing starts, import prices, indust' prod', pending home sales

W - EIA Pet', FOMC mins (2pm)

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

F - PMI manu' & serv',  *OPEX*

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--

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Consolidation into the weekend

US equity indexes mostly closed on a weak note, SPX -13pts (0.2%) at 7785. Nasdaq comp' -0.3%. Dow -0.2%. The Transports settled -0.6%. R2K +0.5%

SPX – daily

VIX – daily

Summary

US equities saw bullish consolidation into the weekend, settling a little weak. 

Volatility was subdued, the VIX settling -2.6% to 14.25. 
–

 

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The SPX 7800s

US equity indexes closed on a positive note, SPX +50pts (0.6%) at 7798. Nasdaq comp' +0.8%. Dow +0.1%. The Transports settled +1.5%. R2K +0.3%

SPX – daily

VIX – daily

Summary

US equities opened on a positive note, with the SPX battling upward to print a new hist' high of 7816. There was cooling to 7776, and settling moderately higher at 7798.

Volatility remained subdued, the VIX settling +0.5% at 14.63. 
–

35c/95f

 -

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A magical eclipse

US equity indexes mostly closed on a positive note, SPX +20pts (0.3%) at 7748. Nasdaq comp' +0.5%. Dow -0.04%. The Transports settled +1.4%. R2K +0.6%

SPX – daily

VIX – daily

Summary

With CPI inline, equities saw yet another day of considerable chop, if leaning on the upward side,

Volatility was ground lower, the VIX settling -4.8% to 14.55 
-

Sunspot group 4508, and the mountains/valleys of the moon

91.4%, 7.13pm BST

Almost over

A fine evening

–

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Leaning weak ahead of CPI

US equity indexes mostly closed on a weak note, SPX -24pts (0.3%) at 7728. Nasdaq comp' -0.6%. Dow -0.3%. The Transports settled -0.3%. R2K +0.3%

SPX – daily

VIX – daily

Summary

US equities saw considerable chop, if leaning on the weaker side. The SPX candle is bearish engulfing... suggestive the market will drop on the CPI data. 

Volatility was muted, the VIX settling -1.2% to 15.28
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The aerial giant

Sunset... before the solar eclipse

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Summer doldrums

US equity indexes closed a little weak, SPX -4pts (0.1%) at 7753. Nasdaq comp' -0.3%. Dow -0.1%. The Transports settled -0.6%. R2K -0.5%

SPX – daily

VIX – daily

Summary

US equities saw a day of considerable minor chop, if leaning a little weak.

Volatility picked up a little, the VIX settling +3.8% to 15.46.
-

A very nice August day

–

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Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +5.2% (Nasdaq comp'), +3.6% (SPX, R2K), +3.0% (Dow), +2.2% (Trans), to +2.0% (NYSE comp').

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

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

–

Summary

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

The Nasdaq comp' lead the way up, with the NYSE comp' lagging.

The SPX, Dow, NYSE comp', and R2K broke new historic highs.

All six indexes are trading above their respective monthly 10MA, and have positive monthly momentum. 

–

Looking ahead

Earnings:

$BRK.B (Saturday) 

M - $CEVA $B $MNDY $CECO $RDNT $PERI $TNXP $BTDR $EMBJ $RKLB $ASTS $PLUG $QUBT $HIMS $GCTS $GPRO $USAR $NUS $AAON

T - $SE $CAH $VG $RXT $TME $HUYA $CRNT $MIDD $LAR $SMCI $CRWV $LITE $FLY $CAVA $BGS $FNV $AII $ABSI $QUIK 

W - $NBIS $ARCO $BETA $EAT $TRMB $AMCR $LQDA $BWAY $WYFI $RDCM $CSCO $INFQ $COHR $CBRS $ENVX $ALLO $HLIT $BSEM $STAA $RNXT 

T - $MLCO $LUNR $FRMI $AIT $JD $BLSH $ASND $TPR $XE $MDWD $AMAT $FIGR $GLOB $BEAT $PETS $SPRY $WKHS $TMC $FAC $GEMI

F - $OTLK $PAVM $LNZA $LFWD $ACXP $TMS $SIND $RMIX $QNRX 

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Econ-data/events

M - 

T - NFIB small busi' optimism, Existing home sales

W - CPI, EIA Pet', US t-budget (2pm)

T - PPI, weekly jobs

F - Retail sales, manu'/trade invent', consumer sent' 

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Have a good weekend
--

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