US equities opened in minor chop mode, and took a moderate swing lower. The SPX saw a floor of 2912, and that was all the bears could manage, with the market battling back upward into the afternoon.
It was a bullish Thursday as the Nasdaq comp' did break another new historic high. The other indexes can be expected to follow in the days and weeks ahead. Volatility saw a morning high of 14.30, before melting back, settling +0.8% at 13.25. The s/t cyclical outlook will favour the equity bulls into the weekend.
|Luscious spring green|
|Bullish spring sunshine|
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Goodnight from London
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