Closing Brief

US equities closed higher for a fourth consecutive day, the sp' +7pts @ 2078. The two leaders - Trans/R2K, settled higher by 1.0% and 0.5% respectively. Near term outlook is for the sp'2100s, Dow 18000s, with VIX falling back to the sub-teens.


sp'60min

Summary

*as has often been the case, the more dynamic action was in the commodity sector, esp' in energy and the precious metals.
--

There really isn't much to note, in what will be a very quiet holiday week. Tuesday will likely be the last 'moderately' active day of this week.
--

 more later... on the VIX