US equity indexes closed on a positive note, SPX +20pts (0.3%) at 6466. Nasdaq comp’ +0.1%. Dow +1.0%. The Transports settled +1.4%. R2K +2.0%
sp’60min
Summary
closing hour action: micro chop, if leaning upward. S/t momentum settled fractionally positive.
Awaiting earnings from $CSCO $EQX $ASM $DLO $RRGB $SURG $EVLA $ALVO $SARO $AEMO
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… and that concludes a Wednesday. With a new hist’ high of 6680, it was just another day for the bulls. Cooling waves remain brief and minor, and there is little reason to expect that to change until we’re on the flip side of Labor day.
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notable bond yield proxy: TNX
US 10yr yield cooling to 4.26%… as mainstream consensus is 99% ‘rate cut Sept’17th’.
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notable bond ETF: TLT
Lower yields > higher bonds
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notable crypto: Bitcoin
+2.1% at $122K… almost a new hist’ high.
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notable crypto: XRP
+1cent at $3.28.
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Have a good evening
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more later on the VIX and Indexes by 6pm EDT