US equities are choppy, leaning on the upward side. WTIC printed $81.20, partly helped by the USD -0.3% at 95.67.
sp’60min
VIX’60min
Summary
*EXITED CFVI
S/t momentum is increasingly on the high side.
Bears can argue we’re setting up a multi-day bear flag.
On any basis, the cautious will NOT be involved ahead of the CPI. I wait.
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notable stock: CFVI
Rumble.com… catching a bounce. I have fully exited from $12.37, will look to buy back before the weekend.
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notable stock: PTON
Peloton trying to break up and away. The problem will be if the main market takes another swing lower.
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notable strength: AMD
AMD bouncing… after a rough few weeks.
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notable miner: LAC
Lithium Americas catching a bounce. I remain waiting another day (yes, I probably missed the core low).
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This has just appeared…
An absolutely SUPERB piece of work, and it specifically deals with Lithium Americas, and their ‘Thacker Pass’ mine plan. I’ll also make this my closing chart/video on Twitter in AH.
Time to check on the cheerleaders. Pete will be in the house today.