US equities are choppy… if still leaning on the positive side. USD is -0.4% at 104.81.
sp’60min
VIX’60min
Summary
S/t momentum remains due to turn positive, offering 4050… whether this afternoon, or a more realistic early Friday. A brief foray >4078 looks viable next Monday… before maxing out ahead of CPI-Tuesday.
I intend to sit back and wait until next Monday.
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notable stock: AMD
S/t speculative buyers.
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notable bank: BAC
The banks are still spiraling lower, and it merits alarm bells for April/May.
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notable fin: SCHW
I see no news.
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notable industrial: GE
General electric soaring on ‘reaffirmed guidance’.
Today’s gain is laughably stupid.
Time for a much needed lunch.