Monday 10 February 2020

Starting positive

US equity indexes closed moderately higher, sp +24pts (0.7%) at 3352. Nasdaq comp' +1.1%. Dow +0.6%. The Transports settled +0.1%.

sp'daily5



VIX'daily3



Summary

US equities opened a little weak, but saw an opening reversal, to claw upward all the way into the late afternoon, breaking a new historic high of 3352.

Volatility was itself subdued, with the VIX settling -2.8% at 15.04.

Meanwhile, the political freakshow continues to proceed to new levels of absurdity...


It doesn't matter how many times you read it, its still... truly... bizarre.
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Finally, the Corona infection/dead totals continue to increase...


There is increasing chatter that you should perhaps add a zero to most of those numbers. It is also the case that the WHO, and a number of governments (not least China), are battling against what they deem as 'misinformation', as operation 'calm the masses' is being ramped up.
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How many onboard are Corona carriers?

Sunset after storm Ciara

The waning moon
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Goodnight from London
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