US equity indexes mostly closed significantly higher, sp +41pts (1.2%) at 3550. Nasdaq comp’ -1.5%. Dow +2.9%. The Transports settled +2.5%.
sp’60min
Summary
closing hour action: leaning distinctly weak from 3609, not pretty… opening gap tagged… making for a settling black daily candle.
*awaiting earnings from NKLA, TLRY, and BYND
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… and that concludes Monday. It was a very bullish day, although all those Corona/stay-at-home stocks were severely hit, and the closing hour leans problematic for Tuesday.
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notable stock: ZM
Zoom whacked with other stay-at-homes.
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notable stock: AMD
AMD reflective of the struggling Nasdaq.
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notable stock: PFE
Pfizer… largely responsible for today’s monstrous moves. Today’s black candle is s/t problematic.
Have a good evening
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more later on the VIX and Indexes by 6pm EST