Friday 28 September 2018

A sixth month higher

US equity indexes closed a little mixed, sp -0.02pts at 2913.98. Nasdaq comp' +4pts to 8046. The two leaders - Trans/R2K, settled u/c and +0.3% respectively. Near term outlook offers new historic highs in October, as the giant psy' threshold of sp'3K is within reach.

sp'daily5



VIX'daily3



Summary

It was a day of minor swings in equity land, but that was to be expected, as it was the end of the week, month, and the quarter. Volatility was naturally subdued, with the VIX settling in the low 12s.


A sixth month higher

sp'monthly


A sixth consecutive net monthly gain of 12pts (0.4%), setting at 2913, having broken a new historic high of 2940.
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The sun sets on September/Q3
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Goodnight from London
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