Closing Brief

US equity indexes closed broadly higher, sp +34pts (1.0%) at 3315. Nasdaq comp’ +1.7%. Dow +0.5%. The Transports settled +0.8%.

sp’60min

Summary

closing hour action: a little chop, but leaning upward to break a new intraday high, filling green gap.

*awaiting earnings from NKE, KBH, and lesser… ACB, SFIX.

… and that concludes a choppy, if positive Tuesday. Wednesday might open positive, but this market remains vulnerable, as a move to 3100 is on track.


notable stock: TSLA

Yesterday’s black candle played out, as ‘battery day’ was doa

notable stock: ZM

A new hist’ high. Impressive… but ludicrous.

notable stock: M

The l/t horror in Macy’s continues.


Not the most inspiring start to autumn. I hope you have some sun… wherever you might be. Have a good evening

more later on the VIX and Indexes by 6pm EST