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Sunday, November 26, 2017

Index Weekly Wrap for the Week of Nov 24

For the week of Nov 24, all US three major indexes hit fresh new high again. The technology heavy weighted Nasdaq index added 1.6% for the week. The fear index VIX spiked down new low to 8.56 but rebound back to bottom range 9.67 on close.

In Asia, HSI hit and STI hit fresh new high, only SSE failed to hold early gain the the week and closed in the red, but SSE still in uptrend channel, this week's selloff more likely profit taking.

Weekly indexes performance as follows.

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