Friday, 20 December 2019

Ending strong

US equity indexes closed moderately higher, sp +15pts (0.5%) at 3221. Nasdaq comp' +0.4%. Dow +0.3%. The Transports settled +0.9%.




US equities opened moderately higher, with the usual quartet of indexes - SPX, Dow, NYSE comp', and Nasdaq comp', breaking new historic highs.

Trump appeared in the morning...

The mainstream currently believe phase'1 of a US/China trade deal will be signed in January, but that could easily drag into the spring.

The afternoon saw micro chop, but breaking a new historic high of sp'3225.
Volatility remained subdued, with the VIX settling +0.1% at 12.51.

Winter solstice is this Sunday Dec'22nd
Extra charts in AH (usually around 5pm EST) @

Goodnight from London
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