Closing Brief

The main indexes all closed a little higher, lead by the R2K which saw gains of around 0.8% The transports closed in the mid 6300s, which was a weekly gain of around 2.4%. As expected, the VIX naturally melted lower into the close, and remains in the very complacent 12s.


sp'60min

Summary

So, another week where the bears were just mind numbed with micro algo-bot melt. As I continue to fear, this sort of nonsense could continue for some weeks, if not a few months.
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Thank you to all those who commented this week, even those I vehemently disagree with. The irony is not lost on me, that I'm now on the bull train.

Have a good weekend.
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*next main posting, late Saturday, probably on the world monthly index charts.