US equities are clawing upward… as the VIX will be inclined to be ground lower into the long weekend.
sp’60min
VIX’60min
Summary
Regardless of the exact close, its been a net bearish end to a net bearish week. I comfortably sit on the sidelines, and wonder what next week will offer. A stall below 4159… or pushing upward on some dumb reason?
—
notable Dow component: CAT
Net higher… largely due to earnings from sister stock DE
–
notable semicon: AMD
Lower with the main market.
–
notable resilience: TSLA
There remain speculative buyers… as the 200dma might be tested next week.
–
notable miner: LAC
Rough day for lithium miners… not helped by the main market.
back at the close…