Wednesday 18 December 2019

Midweek churn

US equity indexes closed a little mixed, sp -1pt (0.04%) at 3191. Nasdaq comp' +0.05%. Dow -0.1%. The Transports settled -0.9%.




US equities opened in minor chop mode, but it was enough for the SPX and Nasdaq comp', to break new historic highs.


It remains notable that the market has ZERO concern, and simply doesn't believe the impeachment attempt will end in anything other than rejection at the US Senate. Yours truly would agree, for what is one twisted charade. 

Volatility remained subdued, with the VIX settling +2.4% at 12.58.

Another fortunate group departing the UK

The grey barren horror of Winter
Extra charts in AH (usually around 5pm EST) @

Goodnight from London
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