sp'daily5
VIX'daily3
Summary
US equities opened moderately mixed, and remained that way into the monthly close. The Dow did break a new historic high, whilst the sp' closed net lower for a third day. There is indeed some disparity between the indexes.
YTD performance, 6 indexes...
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Market volatility remains very subdued, and its notable that despite equities leaning a little lower in the closing minutes, there were some 'games' being played, with the VIX actually knocked from 10.64 to 10.26. Near term offers sp'2435, and that should equate to VIX in the 12s, the 13/14s on a stretch.. and briefly!
A very bullish July, sp'monthly
A fourth consecutive net monthly gain of 46pts (1.9%) to 2470, with a notable new historic high of 2484.
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... a short term bearish ray of light for the equity bears to sp'2435.
Goodnight from London
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