Warsh washout

US equity indexes closed significantly lower, SPX -112pts (1.5%) at 7316. Nasdaq comp' -1.7%. Dow -2.2%. The Transports settled -1.9%. R2K -1.7%

SPX – daily

VIX – daily

Summary

Equities opened a little weak, and with a break of trend the SPX fell to 7341. The afternoon saw a bounce, with Warsh appearing at 2.30pm...

The SPX bounced to 7450, but then a powerful downward swing to 7313, and settling at 7316. 

Volatility was mixed, the VIX printing a high of 20.88, but cooling back to settle +13.4% to 20.66.  
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A very narrow field of view

100%

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Broadly stuck

US equity indexes closed mixed, SPX +15pts (0.2%) at 7429. Nasdaq comp' -0.2%. Dow +1.0%. The Transports settled -0.8%. R2K +0.2%

SPX – daily

VIX – daily

Summary

US equities opened choppy... leaning a little weak, but all the bears could manage was 7382. There was a bounce into the afternoon to 7452, and settling at 7429.

Volatility was a little mixed, the VIX settling -2.5% to 18.21. 
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Bullish moon

Bullish air travel

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Sellers into the bounces

US equity indexes closed rather mixed, SPX +1pt (0.02%) at 7413. Nasdaq comp' -0.2%. Dow +0.5%. The Transports settled -1.8%. R2K +0.7%

SPX – daily

VIX – daily

Summary

An opening high of 7480, but gains rapidly eroded to marginally red to 7382, and settling +0.02% to 7413. Today was the latest example of big money sellers into another bounce. 

Volatility was mixed, an early low of 17.68, spiking to 19.93, settling +0.5% to 18.67.
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