US equities opened moderately higher, and after some early morning 'shaky chop', the market resumed upward, building borderline significant gains. The Dow and NYSE comp' notably broke new historic highs, which does help to negate yesterday's reversal.
With equities a little shaky in early trading, the VIX broke a new multi-month high of 12.81, but then cooled into the mid afternoon, settling moderately higher in the upper 11s.
|Cashin with an appropriate hat.|
If I'm right about the mid sp'3200s by year end, Art will need another 3 or 4 hats, as Dow 29/30k would be the direct equivalent.
|One more day closer to summer.|
Extra charts in AH (usually around 7pm EST) @ https://twitter.com/permabear_uk
Goodnight from London
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