US equities are choppy… holding below the opening high of sp’4134. Volatility is itself choppy. USD is -0.6% at 101.24.
sp’60min
VIX’60min
Summary
More than anything… I’m looking to the VIX.
A daily close >20 would be decisive.
I’d settle for >19.50 today.
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notable stock: TSLA
If this one can settle red, that’d be something, and be suggestive the s/t speculative lunatics are getting tired.
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notable weakness: AAL
Issued a lousy outlook, on concerns about higher costs.
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notable REIT: VNO
A difficult morning, for what is l/t horror, near the 2009 collapse lows.
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notable stock: MSFT
Green… red… and back to positive. Its pretty important to the s/t bearish case this one settles net lower, or at least with a black candle.
time for a light lunch…