US equities remain in minor chop mode, but the SPX has broken a fractional new historic high, making it a net bullish week.
sp’60min
VIX’60min
Summary
Little to add. It’d seem next realistic opp’ for a turn will be Tuesday. Red gap looks a ‘breakaway’ gap. The 4450s still appear valid.
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notable stock: PYPL
Its kinda amusing that Paypal has back down from its interest in Pinterest, after the market decided ‘we don’t like this’.
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notable weakness: PINS
Not surprisingly, Pinterest has been whacked lower, as hopes of a $70 bid…completely fade.
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notable stock: F
F is just s/t over-stretched.
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notable miner: UEC
Uranium Energy corp’ powering upward. Soft target are the mid $5s.
Time to venture out… before its too late.