US equities remain choppy, if still mostly leaning upward. VIX 23s are reflective of an increasingly confident mainstream, with little concern about rate hike’4, or recessionary GDP.
sp’60min
VIX’60min
Summary
Suffice to add, regardless of the close, with a new multi-week high, its been a day for the bulls.
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notable stock: SNAP
SNAP has earnings in AH. I’ve never the liked the company, which has one of the worse CEOs of the early 21st century.
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notable stock: COF
Capital One has earnings in AH. I see a wave of consumer debt defaults to begin by late summer. Its kinda amusing how few seem to be thinking about it.
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notable energy: KMI
I’m fine with my early exit from $17.60.
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notable miner: FCX
Orange gap almost tagged.
I’ve no interest in buying back at this time/price.
back at the close…