US equities are choppy, if still broadly lower. VIX is not reflective of equities, and highly prone to turning negative. USD is +0.6% at 102.59. WTIC printed $67.35.
sp’60min
VIX’60min
Summary
Well, its 11am, as the market will be inclined to bounce into the mid afternoon. We do appear set for net daily/weekly declines of some degree, with a lower low next week.
Yours truly has eyes on energy stocks, but they aren’t yet close to weekly support.
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notable stock: AMD
Red gap filled. Cyclically… no sign of a floor… quite yet.
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notable energy: KMI
No sign of a floor yet. Weekly support around $16.00.
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notable banking ETF: KRE
Regionals still sliding.
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notable health: MRNA
Yet another new low for the year.
Time for lunch…