US equities open in minor chop mode. VIX is churning the 17s. WTIC has printed $78.39. USD is -0.2% at 101.37
sp’60min
VIX’60min
Summary
SPX daily momentum isn’t yet negative, but its close.
Equity bears should be looking for some latter day cooling toward 4100.
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notable stock: AMZN
Opening candle is black from the 200dma.
Restructuring Wholefoods. Claiming job losses will only total around 500… of its 105k workforce. Plans to open 50 new stores… will any be in Chicago… aka Chiraq ?
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notable stock: MSFT
It remains real important to see this hold under the $292s.
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notable weakness: AAPL
I see no news. Soft target is orange gap.
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notable miner: ALB
Albemarle whacked lower on news the Chile regime wants to nationalise its entire Lithium industry. Anyone who knows their history will know the communists will quickly run it into the ground.