US equity indexes closed broadly higher, SPX +49pts (0.8%) at 6358. Nasdaq comp’ +0.6%. Dow +1.1%. The Transports settled +1.0%. R2K +1.5%
sp’60min
Summary
closing hour action: choppy, if clawing upward to print a new hist’ high of 6360. S/t momentum settled on the moderately high side.
Awaiting earnings from $TSLA $GOOGL $NOW $IBM $CMG $QS $ALK $ORLY $MOH $URI
–
… and that concludes a Wednesday. With a new hist’ high of 6356, it was another day for the bulls. Whilst the s/t cyclical setup favours the bears, I’m guessing Thurs’ will open positive on TSLA and/or GOOGL.
–
notable bond yield proxy: TNX
The US 10yr yield printing a high of 4.398%
–
notable bond ETF: TLT
Higher yields > lower bonds
–
notable crypto: Bitcoin
BTC -1.3% at $118k
–
notable crypto: XRP
Not so pretty… -9.1% at $3.23
–
Day’11 indoors.
Other than a ‘final sunset’, I don’t expect to ever go out again.
Have a good evening
–
more later on the VIX and Indexes by 6pm EDT