Tuesday, 21 July 2026

Summer doldrums

US equity indexes closed broadly higher, SPX +65pts (0.9%) at 7509. Nasdaq comp' +1.3%. Dow +0.7%. The Transports settled +0.9%. R2K +1.5%

SPX – daily

VIX – daily



Summary

US equities opened on a positive note, and whilst the early gains were a little shaky, s/t momentum turned positive, carrying the market upward to 7515, and settling broadly higher at 7509.

Volatility was ground lower for a second day, the VIX settling -8.6% to 17.05. 

-

A new tower core has begun

 

21c/70f is Goldilocks


Another day... settles
 



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