US equity indexes closed a little weak, SPX -4pts (0.1%) at 7753. Nasdaq comp’ -0.3%. Dow -0.1%. The Transports settled -0.6%. R2K -0.6%
sp’60min
Summary
closing hour action: very narrow range. S/t momentum settled moderately negative.
Awaiting earnings from $RKLB $ASTS $PLUG $QUBT $HIMS $GCTS $GPRO $USAR $NUS $AAON
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… and that concludes a Monday. A day of considerable minor chop… which could easily be the same for Tuesday. The next item being… CPI on Wed’
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notable bond yield proxy: TNX
The US 10yr yield printing 4.7%.
A test of 5.00% looks on track for September.
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notable bond ETF: TLT
Higher yields > lower bonds
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notable crypto: Bitcoin
Sig’ lower… multi-week chop… m/t bearish.
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Have a good evening
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More later on the VIX and Indexes, by 6pm EDT