Friday, 24 April 2020

Positive chop into the weekend

US equity indexes ended the week on a positive note, sp +38pts (1.4%) at 2836. Nasdaq comp' +1.6%. Dow +1.1%. The Transports settled +1.8%.

sp'daily5



VIX'daily3



Summary

US equities opened a little higher, but the gains were shaky, with indexes turning fractionally lower. The market saw a secondary wave upward into the late afternoon to sp'2842.

Volatility was in melt mode, the VIX settling -13.2% to 35.93.
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Another trading week settles

Cruising into the sunset

Summer is near
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Goodnight from London
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