US equities are battling to stay positive, as the market remains pretty shaky. S/t equity momentum is still prone to turning positive before the close, ahead of Wednesday’s key inflation data.
sp’60min
VIX’60min
Summary
Again… first resistance is green gap, and then the upper bollinger, which will be around 4175 into the close.
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notable stock: NVDA
Reflective of many bouncing semicons. Nothing has changed. M/t bearish $140s.
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notable stock: RBLX
I’m wondering if this will be the UPST for today, with earnings due in AH.
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notable strength: AAPL
Reflective of the main market.
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notable miner: LAC
Reflective of many miners…. just a bounce. The 13/12s remain target, where I’d be a willing buyer.
Time for a much needed lunch…