Friday, 1 May 2026

Sell in May, and go away?

US equity indexes closed somewhat mixed, SPX +21pts (0.3%) at 7230. Nasdaq comp' +0.9%. Dow -0.3%. The Transports settled -0.9%. R2K +0.5%

SPX – daily



VIX – daily



Summary

Equities opened on a positive note, the SPX printing a new hist' high of 7272, with a little cooling to settle moderately higher at 7230. The daily candle was black/spiky, and bodes red for Monday. 

Volatility was mixed, the VIX printing a new cycle of 16.44, but leaning upward to settle +0.6% to 16.99. Today's gain is minor, but its unusual relative to a green SPX, 
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     A fine day



Ready for the full moon


Nearing 100% green 



 

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