sp'daily5
VIX'daily3
Summary
US equities opened moderately higher, and built gains into the afternoon. Its notable that the 'old leader' - Transports, broke a new historic high of 9704. Unlike a fair few recent occasions, there was no cooling into the close.
With the jobs data being seen as 'goldilocks', market volatility broadly cooled, settling in the low 11s, although that still made for a second consecutive net weekly gain.. if only fractional.
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... just another summer's day |
As ever, extra charts in AH @ https://twitter.com/permabear_uk
Goodnight from London
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*the weekend post will appear Sat'12pm EST, and will detail the US monthly indexes