Closing Brief

US equity indexes mostly closed on a positive note, SPX +23pts (0.4%) at 5864. Nasdaq comp’ +0.6%. Dow +0.1%. The Transports settled +0.3%. R2K -0.2%

sp’60min

Summary

closing hour action: micro chop, leaning a touch weak. S/t momentum settled fractionally positive.
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… and that concludes the week. It was a typically choppy OPEX. The s/t cyclical setup is mixed.

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notable bond yield proxy: TNX

The US 10yr yield… churning around key price threshold.
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notable bond ETF: TLT

Lower yields > higher bonds.
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notable stock: AXP

Earnings were fine.
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Have a good evening
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more later on the VIX and Indexes by 6pm EDT