Friday, 17 April 2026

The twilight zone

US equity indexes closed significantly higher, SPX +84pts (1.2%) at 7126. Nasdaq comp' +1.5%. Dow +1.8%. The Transports settled +2.8%. R2K +2.2%

SPX - daily


VIX - daily


Summary

US equities were marginally higher in pre-market, but spiked on war related headlines. The SPX opened broadly higher, printing a new historic high of 7147, and settling at 7126.

Volatility was ground lower into the weekend, the VIX printing a new cycle low of 16.87, and settling -2.6% to 17.48. 
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Another day in hell


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