Closing Brief

US equity indexes closed moderately mixed, SPX +17pts (0.3%) at 6512. Nasdaq comp’ +0.4%. Dow +0.4%. The Transports settled -0.8%. R2K -0.6%

sp’60min

Summary

closing hour action: leaning upward to print a new intraday high of 6518. S/t momentum settled fractionally positive.

Awaiting earnings from $ORCL $GME $AVAV $SNPS $LE $RBRK $LMNR $MEI $CVGW $AMRK

… and that concludes a Tuesday. Another day of considerable chop. The s/t cyclical setup favours the bulls.

notable bond yield proxy: TNX

The US 10yr yield printing a low of 4.040%, but rebounding upward.

notable bond ETF: TLT

Higher yields > lower bonds

notable crypto: Bitcoin

Sub $100K remains due.

notable crypto: XRP

U/c

Have a good evening

more later on the VIX and Indexes by 6pm EDT