Friday 31 July 2020

July settles

 US equity indexes ended the month on a broadly positive note, sp +25pts (0.8%) at 3271. Nasdaq comp' +1.5%. Dow +0.4%. The Transports settled +0.9%.




US equities opened on a broadly positive note, but there was an opening reversal, with the SPX seeing a significant swing from 3270 to 3220. From there, a latter day recovery, settling broadly higher at 3271.

Volatility remained relatively subdued, the VIX settling -1.2% at 24.46.

July settles

The SPX climbed for a fourth consecutive month, settling +170pts (5.5%) to 3271. Monthly momentum settled net positive for the first time since February, with the spx far above the 10MA of 3050.

Summer 2020 won't last forever

July settles

Full moon... August 3rd
Extra charts in AH (usually around 5pm EST) @

Goodnight from London
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