Closing Brief

US indexes saw minor churn across much of the day, sp +2pts @ 1959. The two leaders - Trans/R2K, both settled higher by around 0.1%. Near term outlook remains bullish, with the 1970s viable early next week. Metals were exceptionally strong, Gold +$42, with Silver +4.6%


sp'60min

vix'60min

Summary

So...a new historic high for the sp'500, and the broader upward trend continues.

With quad-opex tomorrow, equity bears don't have anything to look forward to, and the weekly charts will end the week looking strong.

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Uruguay look set to win against England...I am not surprised at yet another looming defeat.
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*I hold just one long position overnight, WFM, am seeking the 42s, on a recovery bounce.
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I will post a daily wrap later at 8pm EST.