Friday 14 February 2020

Into the long weekend

US equity indexes ended rather mixed into the long weekend, sp +6pts (0.2%) at 3380. Nasdaq comp' +0.2%. Dow -0.1%. The Transports settled -1.2%.

sp'daily5



VIX'daily3



Summary

Chop... chop... chop. Whilst the SPX settled a little higher, the Transports was significantly lower, clearly due to Corona concerns. Volatility remained broadly subdued, settling in the low teens.




Meanwhile...


The 'official' case total continues to increase by around 4K per day. A fair number do appear to accept the correct number might require adding a zero to most of the data as supplied by the communists.
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There is nothing in the UK, and no man needs nothing

Goodnight from London
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