Tuesday 8 January 2019

Another day higher

US equity indexes closed significantly higher, sp +24pts (1.0%) at 2574. The two leaders - Trans/R2K, settled +1.6% and +1.5% respectively. VIX settled -1.6% at 20.47. Near term outlook offers the sp'2620/30s.

sp'daily5



VIX'daily3



Summary

Suffice to say, opening gains... turning to fractional declines, but then a secondary wave to settle net higher. Volatility saw the 22s, but then settling in the mid 20s. 
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Another day closer to summer
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Goodnight from London
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