Dow
-33
(music stopped it the Dow didn't get a chair), theS&P
+3
and theNASDAQ
gained+8.5
. Other stuff?Gold
off-2
,Oi
l up+1.5
,10 Yr Treasury
up2.41%
andBitcoin
up+$53
($1781). Don't play musical chairs with Bitcoin; its good. Lets check the fintech sector by using the KBW NASDAQ fintech index (KFTX). That 50 stock index closed up+4.64 points (+0.40%)
to 1162.64. I do believe that is a new all time high. So, what's coming? I see flatness with a chance of boredom beginning with the markets opening tomorrow. But, as with any forecast, it could be wrong. To much complacency to be a buyer, and the risk/reward justDOES NOT
favor a long position. Have a good evening.