Monday, 28 September 2026

Bullish Starship

US equity indexes mostly closed on weak note, SPX -59pts (0.8%) at 7683. Nasdaq comp' -0.9%. Dow -0.7%. The Transports settled +0.1%. R2K -0.7% 

SPX – daily

VIX – daily

Summary

The day began with...



... it was a pretty good launch, not flawless, but its still early days for Starship. First orbital flight achieved, with a set of Starlink V3 satellites deployed.

Equities opened moderately lower with the SPX cooling to 7666, pressured by bond yields.
There was a bounce to settle broadly lower at 7683. 

Volatility picked up, the VIX printing 16.62, and settling +8.1% to 16.07  
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The hellscape

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