US equity indexes closed rather mixed, SPX +4pts (0.1%) at 6363. Nasdaq comp’ +0.2%. Dow -0.7%. The Transports settled -0.5%. R2K -1.3%
sp’60min
Summary
closing hour action: leaning weak, as s/t momentum continued to weaken, settling marginally positive.
Awaiting earnings from $INTC $NEM $DECK $DOC $SCHL $ORC $LBRT $EW $BYD $COUR
–
… and that concludes a Thursday. With a new hist’ high of 6381, it has to be seen as a net bullish day. The s/t cyclical setup favours the bears… if only -30/40pts.
–
notable bond yield proxy: TNX
The US 10yr yield moderately higher, printing a high of 4.442%
–
notable bond ETF: TLT
Higher yields > lower bonds.
–
notable crypto: Bitcoin
BTC +0.2% at $119K
–
notable crypto: XRP
–
Have a good evening
–
more later on the VIX and Indexes by 6pm EDT




