US equity indexes mostly closed a little weak, SPX -7pts (0.2%) at 3691. Nasdaq comp’ +0.4%. Dow -0.5%. The Transports settled -0.1%.
sp’60min
Summary
closing hour action: choppy, breaking a new intra low of 3678 (ohh the humanity!), but then reversing upward, as the micro 5/15/60min cycles are all on the low side.
*earnings due from TOL and SFIX, although few will care about either.
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… and that concludes Monday. Whilst it was a day of considerable chop, the Nasdaq comp’ did print a new hist’ high, making it a day AND week for the bulls. The s/t cyclical setup for early Tuesday is mixed, but the sp’3700s appear due this week.
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notable stock: TSLA
It was just another day for Tesla. Hell, might this be back to $1000 by the spring?
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notable stock: SPCE
S/t speculative hysteria for no particularly good reason.
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notable stock: MOS
I see no news. Still m/t bullish.
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Here it was a day of renewed grey horror, as the temp’ barely hit 3c/37f.
Have a good evening
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more later on the VIX and Indexes by 6pm EST