US equities are set for broad/significant gains. VIX 17s are reflective of a very calm mainstream. WTIC printed $75.99
sp’60min
VIX’60min
Summary
On any basis, we’re s/t cyclically over-stretched, as momentum is prone to turning negative on Tuesday. Some cooling is… increasingly due.
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So I’m sitting here, with ‘Knight and Day’ in the background, and then… ‘dun…. … dun’… two trading signals from my platform.
… as Schwab is having ‘issues’ today. It wouldn’t let me sell a second block of FCX in mid morning. I tried an hour later… and it cleared. Now its just sold the remaining third of my position, whilst I didn’t actually finalise/confirm the second order, which it said ‘order adjusted’.
Oh well, its another net gain, and I’m now fully out of my copper miner! I guess I’ll look to buy back Wed/Thurs’.
*I guess that is one ‘new thing’ I’ve experienced today.
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notable Dow component: MSFT
Reflective of the main market, as new hist’ highs are due. Momentum turned positive.
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notable energy: XOM
Exxon higher with the main market. Soft target are the $63s. I hold from $60.24.
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notable strength: AMD
Pete had this one for final trade. CEO Su due at CES next Tuesday morning, and that will garner attention with yet another new line of Ryzen chips.
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notable horror: PTON
Those trying to catch the proverbial falling knife, are still getting hit. Same for Zoom.
back at the close
Yours… checking to see if there are any other ‘unresolved orders’.