Monday 9 September 2019

Subdued start to the week

US equity indexes closed very mixed, sp -0.3pts at 2978. Nasdaq comp' -0.2%. Dow +0.1%. The two leaders - Trans/R2K, settled +2.0% and +1.3% respectively.




US equities opened on a positive note, but the gains were shaky, as there just wasn't any real buying interest. There was a moderate cooling into early afternoon, but then a late afternoon recovery to close fractionally lower.

It is notable that whilst the headline indexes closed a little mixed, the two leaders - Trans/R2K, both saw very significant gains.

Volatility remains broadly subdued, with the VIX settling +1.8% to 15.27. S/t outlook offers the sp'2920s, which should equate to the 18/19s.

Meanwhile, art house cinema survives...

The Lighthouse will make for a fine movie, on a stormy autumnal night this October. 

Extra charts in AH (usually around 5pm EDT) @

Goodnight from London
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