US equity indexes closed a little mixed, SPX -11pts (0.3%) at 4079. Nasdaq comp’ -0.6%. Dow +0.4%. The Transports settled -0.5%. R2K +0.2%
sp’60min
Summary
closing hour action: choppy, if breaking a new intraday high of 4081. S/t momentum ticked upward… prone to turning positive on Tuesday.
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… and that concludes Friday-OPEX. It was a net bearish end to a net bearish week. Bears can cite a few subtle signs of a bigger rollover, but its nothing decisive.
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notable eurotrash: CS
Credit Suisse remains on a path toward $0.00.
The implications of this derivatives timebomb can’t be overstated.
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notable bond ETF: TLT
A new s/t low… but reversing upward, for no particularly good reason.
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notable bank: BAC
A new s/t low, but recovering.
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Some five hours ago.
Wherever you are on planet Krazy, have a good evening!
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more later on the VIX and Indexes by 6pm EST