US equity indexes closed mixed, SPX +24pts (0.4%) at 6642. Nasdaq comp’ +0.6%. Dow +0.1%. The Transports settled -0.3%. R2K -0.03%
sp’60min
Summary
closing hour action: a little rally… if also fading. S/t momentum settled marginally positive.
Awaiting earnings from $NVDA $PANW $NJR $CPA $ZTO $TBBB $JACK $BV $CRNC $HI
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… and that concludes a Wednesday. A positive morning, but the downside reversal was pretty ugly. The s/t cyclical setup favours the bulls, and it is suggestive Thursday will be positive… at least for a while. Friday OPEX will inherently be bearish.
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notable bond yield proxy: TNX
The US 10yr yield remains stuck around 4.1%
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notable bond ETF: TLT
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notable crypto: Bitcoin
Bitcoin printing $88K, back to late April
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notable crypto: ETH
Battling to hold support.
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As of 8pm… its 1c/33f. All that is missing is snow.
Have a good evening
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more later on the VIX and Indexes by 6pm EST