Thursday 26 December 2019

Boxing day gains

US equity indexes closed moderately higher, sp +16pts (0.5%) at 3239. Nasdaq comp' +0.8%. Dow +0.4%. The Transports settled +0.3%.

sp'daily5



VIX'daily3



Summary

US equities saw further algo-bot upward melt, which was more than enough to generate new index historic highs. VIX remained subdued in the 12s. There is little reason to expect Friday to be any different.
--

A fractional glimpse

Another day closer to spring
--
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/permabear_uk

Goodnight from London
--
If you value my work, subscribe to my intraday service. 
For details and the latest offers, see: Permabeardoomster.com