US equity indexes closed a little mixed, SPX +0.1pts (0.00%) at 5917. Nasdaq comp’ -0.1%. Dow +0.3%. The Transports settled -0.1%. R2K +0.1%
sp’60min
Summary
closing hour action: leaning upward… turning fractionally positive. S/t momentum ticked back upward, settling marginally positive.
Awaiting earnings from $NVDA $SNOW $PANW $JACK $CPA $SQM $MMS $CCIF $ESEA $BBAR
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*sorry for the late 3pm post… as I fell asleep. I’m burnt out, having been up since 4.30am EST.
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… and that concludes a Wednesday… another day of broad chop. Considering this morning’s spooky news, the bulls can consider it a win. S/t price structure remains a bearish pennant, as the s/t cyclical setup favours the bears for Thursday.
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notable bond yield proxy: TNX
The US 10yr yield cooling to print 4.388%
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notable bond ETF: TLT
Higher yields > lower bonds
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notable crypto: Bitcoin
Bitcoin printing a new hist’ high of $95056… more impressive, relative to the stronger dollar.
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Sunset was almost six hours ago. There were a few snow flakes this morning, a cold 3c/37f. Have a good evening
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more later on the VIX and Indexes by 6pm EST