US equity indexes closed a little weak, SPX -8pts (0.2%) at 5555. Nasdaq comp’ -0.1%. Dow -0.1%. The Transports settled -1.5%. R2K +1.0%
sp’60min
Summary
closing hour action: leaning a little weak, to break a new intraday low. S/t momentum continued to weak, settling on the moderately high side.
*Awaiting earnings from $TSLA $GOOGL $ENPH $V $TXN $CB $STX $COF $CALM $PKG
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… and that concludes a Tuesday. A day of considerable chop… arguably consolidation. I suspect a secondary wave upward to tag 5610, before falling to the 5440s.
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notable bond yield proxy: TNX
Lower yields.
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notable bond ETF: TLT
Lower yields > higher bonds.
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notable banking ETF: KRE
A new cycle high, helped by lower yields, and a positive main market.
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Here… a little sun, but I’m tired, and decided to stay inside.
Have a good evening
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more later on the VIX and Indexes by 6pm EDT