Thursday 12 December 2019

Another deal is close tweet

US equity indexes closed broadly higher, sp +26pts (0.9%) at 3168. Nasdaq comp' +0.7%. Dow +0.8%. The Transports settled +1.0%.




US equities opened in minor chop mode, and then...

... with Trump issuing yet another 'deal is close' tweet. The Schiff duly replied.

The market hyper spiked on the trade tweet, with the SPX, Nasdaq comp', Dow, and NYSE comp' all breaking new historic highs. There was some distinct cooling though into early afternoon, as conflicting comments from China appeared (naturally... via Twitter). A secondary wave higher was seen, but holding under the morning high of 3176.

Volatility was knocked lower, with the VIX settling -7.0% at 13.94.

I shall end today with...

Greta indirectly replied via an update to her profile...

 ... and that dear reader, is just another day... in the twilight zone.

Goodnight from London

A glimpse through the clouds

The waning moon, ahead of Friday the 13th
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