US equities are very significantly lower, as the mainstream are starting to question whether 4222 will hold across the remainder of the week. WTIC printed $85.08, still due a swing <80. Gold has printed $1853.
sp’60min
VIX’60min
Summary
Little to add.
Market remains s/t broken <4550.
Any secondary bounce is to be seen as such.
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notable stock: LAC
A new personal favourite, but have never owned. A few weeks ago psy’ $30 looked a great level… now… maybe even sub $20. Mid/long term bullish.
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notable energy: OXY
Raymond James maintain ‘buy’, 55>60. A mainstream target that is actually above yours truly ($54s)
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notable steel: X
Still s/t broken.
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notable miner: UEC
Speculative. Red target being tested again. If sp’4000/3800… maybe 2.00/1.90
Time to check on the cheerleaders… or maybe something else…