11am update – morning chop

US equities remain choppy, as the market remains s/t vulnerable, especially on Thursday. USD is -0.4% at 95.80, which is helping prop up most things, with WTIC printing $77.37 !

sp’60min

VIX’60min

Summary

Suffice to add… chop chop. On balance, most indexes should settle net lower, with Thursday ‘prime for the bears’.

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notable stock: AMD

Reflective of many techs… just s/t over-stretched. Another 1-2 days lower appears probable. CEO Su due next Tuesday at CES should offer a positive start to the year.
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notable horror: HOOD

A new historic low… some element of tax loss selling has to be expected into year end.
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notable steel: X

US Steel seeing some chop. If the main market does get knocked lower by 1% or so… US Steel will get hit… if briefly. I hold.
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notable stock: CFVI

I was a little early on this one. My original block is from $11.44. I’ll be inclined to add a little more. In any case, I’m very pleased to be an owner of Rumble.com, and aim to make it my home for web streaming.

yours… time to cook