US equity indexes closed broadly higher, SPX +44pts (0.8%) at 5859. Nasdaq comp’ +0.9%. Dow +0.5%. The Transports settled +0.7%. R2K +0.8%
sp’60min
Summary
closing hour action: leaning upward to print a new hist’ high of 5871, with a touch of cooling to settle at 5859. S/t momentum ticked lower, settling on the moderately positive side.
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… and that concludes a Monday. With a new hist’ high, it was a bullish start to the week. The s/t cyclical setup favours the bears.
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notable bond yield proxy: TNX
The US 10yr was u/c at 4.098%, as the bond market was CLOSED.
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notable bond ETF: TLT
Whilst the bond market was closed, TLT did trade… anticipating slightly lower yields… and thus… higher bond prices.
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notable banking ETF: KRE
Close to new multi-year highs.
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Here… it was a day of grey rainy horror.
Most annoying… no view of the comet since Saturday.
Go look west… 45/60mins after sunset.
Have a good evening
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more later on the VIX and Indexes by 6pm EDT