12pm update – lunchtime weakness

US equities are struggling, leaning a little weak, as every single minor rally is being sold into.

sp’60min

VIX’60min

Summary

If the market settles flat or net higher, it would strongly argue against the notion that Monday would see a mini crash. Again, I’m only inclined… if the 200dma is settled under, whether Thurs’ of Friday. I don’t expect it.

Instead, I’m kinda trying to cheer lead a bounce.


notable stock: AAPL

Somewhat reflective of a shaky market.

notable weakness: PYPL

Ugly price action… not least relative to the main market.

notable health: PFE

Yet another new multi-year low. Its well deserved.
*based on UK data, you could argue Pfizer’s C19 shots are responsible for 5M annual global deaths, and 50M with sig’ injuries.

notable miner: NEM

A third day lower, with gold printing $1897.

Time for a much needed lunch!