Friday, 11 January 2019

Subdued into the weekend

US equity indexes closed fractionally mixed, sp -0.4pts at 2596. Nasdaq comp' -0.2%. The two leaders - Trans/R2K, settled u/c and +0.1% respectively. VIX settled -6.7% at 18.19. Near term outlook still offers the sp'2620/30s as earnings begin to pour in.




US equities opened moderately weak, pressured via weakness in Europe, and concerns about the ongoing US govt' shutdown. The day consisted of micro chop, with the spx settling effectively u/c.

Volatility saw a high of 20.16, but then resumed melt mode, falling for the 10th day of 12, settling in the low 18s. Its arguable that the sp'2620/30s will equate to VIX 16/15s.

Sunset, with a couple of sundogs.

More making an escape prior to BREXIT

The Chinese rover is on the dark side
Extra charts in AH (usually around 7pm EST) @

Goodnight from London
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