US equity indexes closed broadly higher, SPX +36pts (0.8%) at 4927. Nasdaq comp’ +1.1%. Dow +0.6%. The Transports settled +0.2%. R2K +1.7%
sp’60min
Summary
closing hour action: a mini ramp, breaking a new historic high of 4929, as s/t momentum turned positive.
*awaiting earnings from SMCI, CLF, NUE, FFIV, WHR, CR, TWO, ARE
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… and that concludes a Monday. It was a pretty sleepy day… if with a late day mini ramp to break yet another new historic high. Bears remain utterly powerless, as giant psy’ 5K might even be printed this Wednesday afternoon. That’d be one hell of way to end the month.
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notable bond yield proxy: TNX
Bond yields sig’ lower, ahead of the Fed.
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notable bond ETF: TLT
Lower yields > higher bonds.
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notable stock: PYPL
Choppy, if seeing a secondary wave higher, ending rather powerfully higher.
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Here… early sun, but then the grey horror rolled in, a fine excuse to stay inside, but then I had to stay inside for the Natgas tech to carry out the annual servicing. If anything, I’ve been reminded that I don’t like anyone in my home.
Have a good evening
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more later on the VIX and Indexes by 6pm EST