US equities are choppy, if still moderately lower. VIX printed 25.08… if cooling back. USD is +0.6% at 102.81.
sp’60min
VIX’60min
Summary
11am is a typical turn time. Whilst yesterday saw the market max out… today will be inclined to see upside from 11am… into the mid afternoon. Green indexes wouldn’t be a surprise.
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notable stock: DB
The Eurotrash that is Deutsche Bank, which caused the overnight upset. ZERO sign of a floor, with fair value of $0.00
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notable Dow component: INTC
S/t lunatics buying. M/t bearish 14/13.
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notable fin: SCHW
Just s/t bouncing. M/t bearish 26/25
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notable big tech: AAPL
Holding up better than most things.
The reality of the broken consumer is yet to dawn on the mainstream.
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As the lightning bolts are raining down around my apartment… its time for lunch…