Thursday, 7 May 2026

Net bullish Thursday

 US equity indexes closed on a weak note, SPX -28pts (0.4%) at 7337. Nasdaq comp' -0.1%. Dow -0.6%. The Transports settled -1.6%. R2K -0.9%

SPX – daily


VIX – daily

Summary

Even though Thursday settled moderately net lower, with the SPX printing a new hist' high of 7385, it should be seen as a net bullish day.

Volatility was mixed, the VIX printing a high of 17.58, but cooling back to settle -1.8% to 17.08. 


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