Tuesday 28 August 2018

Just another day

US equity indexes closed a little mixed, sp +0.8pts at 2897 (intra high 2903). The two leaders - Trans/R2K, settled -0.2% and u/c respectively. VIX settled +2.8% at 12.50. Near term outlook offers chop all the way into the long holiday weekend.




It was just another day in equity land, with a trio of new historic highs for the sp', nasdaq comp', and the transports. Volatility was naturally subdued, with the VIX stuck within the 12/11s.

Goodnight from London
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