US equity indexes closed moderately higher, sp +22pts (0.7%) at 3191. Nasdaq comp' +0.9%. Dow +0.3%. The Transports settled +0.8%.
sp'daily5
VIX'daily3
Summary
US equities opened moderately higher, with a quartet of new historic highs in the SPX, Dow, Nasdaq comp', and NYSE comp'.
Not surprisingly...
I don't say this lightly, but I'm pretty sure the US President has ZERO idea that the Fed printers were spun up in August. Regardless, it was just another day for the equity bulls.
The afternoon saw micro chop, and leaned a little weak, as the market is s/t cyclically over-stretched.
Volatility was ground lower, with the VIX settling -3.9% at 12.14.
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