US equities have built significant gains… as the bears are simply tired. VIX has been ground into the 19s, as why worry… ahead of Santa? WTIC printed $78.50, with next resistance 81/83 zone.
sp’60min
VIX’60min
Summary
Little to add.
For those paying attention, the war drums are incessantly increasing.
You could certainly argue the market is prone to crashing if an all out war occurs in 2023.
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notable Dow component: BA
Boeing has been relentlessly strong… with momentum turning positive today. Eventually, the bears are going to need to this stop climbing, or it will argue against sp’4100 holding.
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notable semicon: AMD
As ever… leading the way up.. as well as down.
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notable stock: TSLA
All things considered… its a very weak bounce, and should concern those still holding on.
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notable miner: GOLD
Barrick reflective of the sector.. helped with gold printing $1833.
As night falls on autumn, its time for lunch