Monday 27 January 2020

Understandably spooked

US equity indexes closed very significantly lower, sp -51pts (1.6%) at 3243. Nasdaq comp' -1.9%. Dow -1.6%. The Transports settled -2.4%.




US equities opened very significantly lower, on further adverse Corona virus headlines.

Trump duly posted...

Whilst Yoon of CNBC, decided a mask was necessary...

The late morning, and much of the afternoon saw a great of equity chop, but with some renewed weakness into the close.

Volatility naturally spiked, with the VIX see an opening high of 19.02, cooling to the 16s, and settling +25.2% at 18.23. This morning's low of sp'3234 will surely be taken out, whether on Tuesday... or with the FOMC on Wednesday.

Key resource data/map for the Coronavirus:

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

Goodnight from London
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