US equity indexes closed somewhat mixed, SPX +12pts (0.3%) at 4378. Nasdaq comp’ +0.9%. Dow +0.2%. The Transports settled -0.4%. R2K -0.3%
sp’60min
Summary
closing hour action: micro chop, leaning a touch higher to break a fractional new high. S/t momentum remains on the moderately low side.
*awaiting earnings from RIVN, DVN, OXY, MOS, GILD, WISH, UPST, AXON, BROS, TOST
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… and that concludes a Tuesday. With a new cycle high of 4385, it was a net bullish day, reflected in VIX 14s.
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notable bond yield proxy: TNX, 60min
Yields very sig’ lower. Yellow gap filled.
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notable bond ETF: TLT
Higher bonds… as yields cooled.
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notable banking ETF: KRE
Its just a matter of when… not if.
Whether its before year end… or after, very difficult to say.
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Sunny, if feeling cold. Have a good evening
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more later on the VIX and Indexes by 6pm EST