US equity indexes closed rather mixed, SPX -13pts (0.2%) at 5473. Nasdaq comp’ -0.8%. Dow +0.8%. The Transports settled +1.2%. R2K -0.4%
sp’60min
Summary
closing hour action: micro chop, mostly leaning a little weak. S/t momentum settled on the moderately low side.
*awaiting earnings from $SWBI $ASTL
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… and that concludes a Thursday. With a new hist’ high of 5505, it was another day for the bulls. The s/t cyclical setup favours the bulls, but best guess is we settle the week around 5450.
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notable bond yield proxy: TNX
Yields bouncing.
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notable bond ETF: TLT
Higher yields > lower bonds.
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notable banking ETF: KRE
Regional banks broadly flat… not helped by lower bonds.
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Summer solstice… 4.52pm BST… and then the nights begin getting longer again… with the sun to get closer. Have a good evening
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more later on the VIX and Indexes by 6pm EDT