US equity indexes closed rather mixed, SPX +24pts (0.4%) at 5495. Nasdaq comp’ +0.8%. Dow -0.2%. The Transports settled -0.2%. R2K -0.1%
sp’60min
Summary
closing hour action: choppy, if leaning upward to break a new intraday high of 5497. S/t momentum ticked upward, settling on the high side.
Awaiting earnings from $GME $PLAY $WOOF $CTLP $MAMA $INNV $EPM
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… and that concludes a Tuesday. It was arguably a net bearish day, if more for the two leaders – Trans/R2K. The s/t cyclical setup favours the bears for Wed-Thurs’.
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notable bond yield proxy: TNX
The US 10yr printing a new multi-year low of 3.639%
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notable bond ETF: TLT
New multi-year high. Lower yields > higher bonds.
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notable fin: GS
Goldman was lower on news its pulling out of small business and car loans.
$400M expected hit to Q3 earnings.
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Here… it was a day of grey horror, a good excuse to stay indoors.
Have a good evening
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more later on the VIX and Indexes by 6pm EDT