Friday, 17 July 2020

Naturally choppy OPEX

US equity indexes closed rather mixed, sp +9pts (0.3%) at 3224. Nasdaq comp' +0.3%. Dow -0.2%. The Transports settled +1.1%.




US equities opened in chop mode, and remained that way across the day, for what was a perfect example of a choppy OPEX.

Volatility was ground lower into the weekend, the VIX settling -8.3% at 25.68.

Meanwhile, this morning's mail...

It seems every London resident is being sent fliers to offer advice on money.. or rather, the lack of. As even the flyer notes, 1.9M (of 9.0M) London residents were already 'struggling' prior to the China virus. Now, its likely at least double that.

For the record, yours truly is debt free, which these days, might even be considered financial terrorism... in the twilight zone.

Finally, your views...

Its a clear split between those who believe a vaccine is coming... and those who don't.

Almost two thirds of you don't have faith that Moderna will be have vaccine.

Summer returns to the London metropolis
Extra charts in AH (usually around 5pm EST) @

Goodnight from London
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