US equities are set for significant net daily gains, with the Nasdaq leading, whilst the Dow is laggy. VIX 21s are reflective of a very calm mainstream. A sustained break under the key 20 threshold remains due.
sp’60min
VIX’60min
Summary
A new hist’ high of 3856. S/t momentum is on the EXTREMELY high end, with hourly RSI of 73s.
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notable stock: UAL
United Airlines has Q4 earnings in AH, and those will clearly be somewhat less horrific than Q3.
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notable strength, NFLX
Netflix is set for massive gains, on very heavy volume, having broken a new hist’ high.
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notable stock:F
Further powerful gains in Ford.
Options >111000 Feb’ $12 CALLS.
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notable miner: PAAS
Pan American Silver powering upward with the sector. More on this one later I think. Momentum is only just starting to tick back upward.
back at the close…