US equity indexes closed a little weak, SPX -13pts (0.3%) at 3709. Nasdaq comp' -0.1%. Dow -0.4%. The Transports settled -0.6%.
sp'daily5
VIX'daily3
Summary
US equities opened in minor chop mode, but it was enough for the SPX to print a new historic high of 3726. From there... a reversal, with broad cooling into the late afternoon.
Meanwhile...
Tom Lee of Fundstrat capturing further attention. A 10/15% main market correction within Q1/Q2 does seem very probable, and I'd further agree a secondary push to new hist' highs >4300 appears equally likely.
The closing hour saw the SPX print 3685, but recovering to settle at 3709.
There was some truly crazy price action in...
TSLA, 1min, 1 day
A closing hour doesn't get much wilder than that, as Tesla (as of AH) is being made part of the SPX 500 and 100.
Volatility picked up to 23.77, but with a closing hour equity recovery, VIX settled -1.6% to 21.57.
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Extra charts in AH (usually around 5pm EST) @
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Goodnight
from London
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