Tuesday, 14 April 2015

Closing Brief

US equities closed a little higher, sp +3pts @ 2095. The two leaders - Trans/R2K, settled -0.1% and u/c respectively. Near term outlook is bullish, with new historic highs for all indexes due... inc' the Nasdaq Comp (>5132).


sp'60min


Summary

*awaiting INTC earnings...
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So.. opening minor gains, with most indexes set for continued upside into May.

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INTC earnings... inline at 41 cents.. although a touch missed on rev'

60min


Broken key resistance of $32... the door is now open to $33s.. if not the $35s.

*I will look to close a long position in INTC at the Wed' open. :)

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more later... on the VIX