US equity indexes mostly closed on a weak note, SPX -6pts (0.1%) at 4670. Nasdaq comp’ +0.05%. Dow -0.45%. The Transports settled -1.5%. R2K -0.4%.
sp’60min
Summary
closing hour action: choppy, but pushing upward to break a new intraday high, as s/t momentum has turned positive.
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… and that concludes Monday. Whilst most of the declines were recovered, it was a still rough start to the week.
Yours truly was pleased to see further downside (4700 looked kinda bold last week), whilst Wednesday remains the threat of capitulation.
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notable stock: DWAC
I saw a yahoo story that Trump’s Truth Social is pushing for a Feb’21st launch. The market is actually closed that day.
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notable bond ETF: TLT
Bonds leaning upward, as yields cooled back.
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notable bank: BAC
A new hist’ high, if settling net lower. Earnings due early Wed’ Jan’19th
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Here… grey horror, and a fine excuse to stay inside. Have a good evening
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more later on the VIX and Indexes by 6pm EST



