Good morning traders, here is your closing print. We have an SPX close of 4173.42 or +0.93% on very strong market wide internals and a sizeable NYSE buyside into the close. Materials led the mostly green sector profile with energy, industrials, consumer discretionary, financials all strong.
NYSE advance-decline lines closed near +1900 and NYSE breadth was near +7:1 and NASD breadth at +7.8:1. Intraday NYSE tick distribution was mostly positive and cumulative tick was increased uniformly into the close. There was a slight pullback from the ES high of 4167.25 on the cash close with an ES settle at 4158.75, and most time and volume spent around 4151. US Treasuries firmed while VIX closed at 17.50 or -6.32% on the day. NYSE MOC was +1.7B to buy and market wide 2.5B to buy.
The ES profile looks a big ragged and needs some repair, but that is typical for this kind of up auction. The 4100 weekly hedge is still firmly in place, and there will be some revisions early before our next cash open. Hoping you all have a safe and profitable day.
