The main indexes closed largely unchanged, with the sp flat @ 1744. The two leaders - Trans/R2K closed +0.4% and -0.2% respectively. Near term trend is somewhat over-stretched, but a further rally to the sp'1750/60s looks viable before end month. VIX continues to reflect a market that is now back in total complacency mode.
sp'60min
Summary
*NFLX explodes on earnings...$396...I've seen so far..and the $400s look viable.
Anyone doubt $500s not likely in the current up wave?
--
A quiet day, aside from a few moves in the momo stocks.
Primary trend remains to the upside.
-
more later..on the VIX
