Daily Content
Fleck's Thoughts
Appearances
IndexClose% Change
Dow24760.29-0.99
Dow Transports10574.27-1.71
Dow Utilities684.871.07
S&P 5002749.64-0.57
Nasdaq7496.81-0.19
Nasdaq 1007040.98-0.08
Russel 20001583.82-0.52
VIX Index17.144.83
10 Year Gov't Yield2.82-0.96
Spot Gold1325.5-0.07
Spot Silver16.56-0.27
GDX-Gold Miners21.730.28
Crude Oil60.910.33
Dollar Index89.730.07
Euro Spot1.24-0.15
Japanese 10 Year0.042.27
Shanghai SE3291.38-0.57
Long Bond 20-year144.940.56

Bending, But Not Breaking

03-14-2018

The early going saw a modest amount of motion around unchanged, which is where the indices were through midday. With a couple of hours to go, when I had to leave, the market was bifurcated: that is, the Dow/S&P were 0.4% lower while the Nasdaq was positive. I suspect, however, that by the close the picture will be quite different, so please check the box scores.

Away from stocks, green paper was mixed, oil was flat, fixed income was higher, and the metals were about flat as well, although the miners mostly saw small gains.

Firm Convictions, For Now There continues not to be too much to say as long as we are on exhaustion watch for the stock market. Once that occurs, and the downside develops some momentum, opinions on lots of subjects are liable to change.