Closing Brief

The main indexes closed moderately mixed, with the sp -5pts @ 1762. The two leaders - Trans/R2K, closed -0.5% and -0.4% respectively. Near term trend is a touch weak, but market should comfortably hold the low 1730s..before the next wave higher.


sp'60min

Summary

*eyes on TSLA, earnings at the close.
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For the bears..a typically frustrating day. Early declines of 0.4% barely held for an hour..and even the Dow swung from -110 to +10 or so.
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I realise it annoys some of you out there - least of all, coming from me, but..really.. how can anyone tout any significant declines in the remainder of this year?

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the usual bits and pieces across the evening :)
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UPDATE 4.28pm

TSLA earnings were okay. EPS of 12 cents vs 10 expected.
Car sales were projected to be a touch lower than some were looking for.

TSLA is -10% in AH.

A break <153..will open up my target zone of 110/100..within a few weeks..perhaps days.

Certainly though, the Q3 earnings were 'not bad'.