US equities are choppy, if still battling upward, with the SPX set to print the 4400s, for the first time since April 21st 2022. USD is -0.6% at 102.30. US 10yr is a touch lower at 3.78%
sp’60min
VIX’60min
Summary
Chop chop… if with yet another new cycle high.
Lets see how the maniacs react to a ‘do nothing’ Fed at 2pm.
–
notable stock: NVDA
Breaking above the recent $419s… washing out the s/t bears, ahead of the Fed.
–
notable stock: ORCL
Yesterday’s candle has already briefly/marginally played out, but the buyers have appeared. RSI 85s… is NOT sustainable.
—
notable stock: TSLA
Increasing chop… for what is day’14.
If anything should settle red today, its Tesla.
—
notable miner: FCX
Higher with the main market, and copper printing $3.87. I struggle to see the latter re-taking the $4s.