Thursday, 12 November 2026

A mixed Thursday

US equity indexes closed on a weak note, SPX -26pts (0.3%) at 7592. Nasdaq comp' -0.4%. Dow -0.4%. The Transports settled -0.6%. R2K -1.6%

SPX – daily

VIX – daily

Summary

Equities opened broadly lower, with Nvidia pulling down most things on CEO Huang resigning in disgrace. The SPX saw a significant upside reversal from 7550 to 7652, and settling marginally lower at 7592.

Volatility was a little mixed, the VIX printing an early high of 18.98, but cooling back to settle +6.9% to 18.70.
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7c/44f


Bearish cold water

 

Bullish transports
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