12pm update – cheerleader time

US equities are significantly higher, if a little stuck around key price threshold of the sp’4452s. WTIC printed $73.50… its impressive as the key $77s aren’t far away!

sp’60min

VIX’60min

Summary

*for a bullish engulfing weekly candle, bulls need >4432…  which we’re distinctly above.


notable stock: F

Ford is looking good… having comfortably held the 200dma.

notable energy: MRO

Marathon reflective of the sector. I hold… at least for the $14s.

notable bond ETF: TLT

Bonds are starting to spiral… and with higher yields, its really helping the banks.

notable casino: LVS

Las Vegas Sands is powering upward. I’d imagine Tom Lee is starting to smile again.

Time to check on the cheerleaders, and I think Pete is in the house… so mute button OFF !