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Fleck's Thoughts
IndexClose% Change
Dow Transports9321.60.31
Dow Utilities727.53-0.32
S&P 5002434.6-0.04
Nasdaq 1005779.87-0.04
Russel 20001404.840.4
VIX Index10.46-2.7
10 Year Gov't Yield2.15-0.81
Spot Gold1249.940.27
Spot Silver16.580.41
GDX-Gold Miners22.391.27
Crude Oil42.730.47
Dollar Index97.560
Euro Spot1.12-0.15
Japanese 10 Year0.067.84
Shanghai SE3147.45-0.28
Long Bond 20-year156.590.06

Was the Market Really Open?


The indices were slightly higher through midday, led in the morning by the S&P and Dow, while the Nasdaq was nowhere. In the afternoon, the market drifted back to about flat on the day.

Away from stocks, green paper was quiet, oil gained a percent, fixed income was very slightly higher, as were the metals, though the miners were even stronger than the underlying metals once again.

Eyes On the Price It continues to be the case that there isn't much to say about the stock market. We just have to let events unfold and see whether the June 9 FANG highs will be taken out. Pretty much everything else at the moment is more or less noise.