12pm update – lunchtime cooling

US equities are choppy, if slowly cooling. VIX is trying to build a floor from 14.48.

sp’60min

VIX’60min

Summary

Even a retrace to red gap, with VIX green gap, before the weekend looks a battle.


notable stock: MRNA

Moderna (and sister Pfizer) remain m/t horror… and that is without any barrage of court cases, although I’m aware of a few.

notable semicon: INTC

Big techs cooling back.

notable fin: PYPL

Already sig’ lower… leading the main market back down.

notable miner: GOLD

Barrick reflective of the sector, not helped with gold $1956.