Thursday 16 April 2015

Closing Brief

US equity indexes closed moderately mixed, sp -1.6pts @ 2104 (intra high 2111). The two leaders - Trans/R2K, settled u/c and -0.2% respectively. Near term outlook remains broadly bullish, with new historic highs due for all US indexes.. even the Nasdaq Comp'


sp'60min



Summary

*a touch of weakness in the closing hour, but still.. its micro noise.
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Little to add.

Lots of notable individual stock action - not least NFLX, +18% @ $562, but overall.... a market that is broadly still headed higher.

*I hold long-TWTR overnight.. seeking an exit in the $53s tomorrow.

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more later... on the VIX