Thursday 19 December 2019

The usual quartet

 US equity indexes closed moderately higher, sp +14pts (0.4%) at 3205. Nasdaq comp' +0.7%. Dow +0.5%. The Transports settled +0.2%. Near term outlook offers quad-opex chop into the weekend.




It was just another bullish day in equity land, with the usual quartet of the SPX, Dow, Nasdaq comp', and NYSE comp' breaking new historic highs. The afternoon saw price continue to break new highs, as s/t (hourly) momentum was in the process of turning positive.

Volatility remained subdued, with the VIX settling -0.6% at 12.50. 

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

Goodnight from London
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