US equity indexes closed rather mixed, SPX +23pts (0.4%) at 5916. Nasdaq comp’+1.0%. Dow -0.3%. The Transports settled -0.7%. R2K +0.7%
sp’60min
Summary
closing hour action: micro chop. S/t momentum settled on the moderately high side.
*Awaiting earnings from $POWL $AZEK $ZTO $KORE $DLB $DNMR $SBLK $QFIN
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… and that concludes a Tuesday. It was a mixed day… which is quite impressive relative to the geo-pol news. S/t structure is a bearish pennant, and leans bearish for Wed’.
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notable bond yield proxy: TNX
The US 10yr yield cooled to 4.337%
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notable bond ETF: TLT
Lower yields > higher bonds.
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notable stock: JPM
Trump/orange gap remains an issue.
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Here… it was grey, rainy, cold, 2c/35f, and I switched on the heating. For many here… including businesses, heating costs are a major problem.
Wherever you are… have a good evening
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more later on the VIX and Indexes by 6pm EST