US equities remain in minor chop mode, if leaning a little higher. VIX is subdued in the 17/16s, with the mainstream pretty confident that the debt ceiling will soon be raised.
sp’60min
VIX’60min
Summary
Little to add… other than outright tedious.
I can only hope we get some kind of dynamic action before the long weekend.
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notable stock: ZM
Zoom Video Communications has earnings in AH
The stock is broadly flat-lining.
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notable weakness: MU
Its almost a wonder Micron isn’t lower. Currently due to settle with a reversal candle, which bodes s/t bullish, if only early Tuesday.
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notable strength: TSLA
The s/t speculative buyers are one positive sign for the bulls.
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notable health: PFE
Diabetes drug trial data… but it will only be a tiny offset against the drop in C19 shot rev’.
Time to venture out. Back at the close…