US equity indexes closed significantly higher, SPX +78pts (1.2%) at 6875. Nasdaq comp’ +1.2%. Dow +1.2%. The Transports settled +3.1%. R2K +2.0%
sp’60min
Summary
closing hour action: choppy. S/t momentum was increasingly positive, settling on the moderately high side.
Awaiting earnings from $KMI $BANC $BANR $CACI $PNFP $TCBX $RLI $FULT $EGBN $EQBK
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… and that concludes a Wednesday. A pretty wild day… as the US President continues to be a prime variable affecting price action. The s/t cyclical setup favours the bulls for Thursday.
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notable bond yield proxy: TNX
Yields cooling back on Trump
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notable bond ETF: TLT
Lower yields > higher bonds
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notable crypto: Bitcoin
A low of $87K, but swinging upward with the main market.
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Have a good evening
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More later on the VIX and Indexes, by 6pm EST