US equities remain choppy, but still clawing upward, helped by the USD, currently -0.6%, printing DXY 93.09 !
sp’60min
VIX’60min
Summary
Equity RSI >70, with VIX <30…. both on their respective higher and lower ends… but NO sign of a turn, ahead of the weekend.
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notable stock: MSFT
Among many stories, Microsoft is allowing some employees to work from home permanently.
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notable weakness: NVDA
New Street downgrade: neutral>sell, 400>360. Did they notice the 200dma or something?
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notable miner: NEM
Newmont is higher, but its lagging the sector… for no known reason. Momentum is still inclined to turn positive next Mon/Tuesday.
Time for a much needed lunch, with the cheerleaders…
Yours… COLD!