US equities are battling to recover… if set for net declines of some degree. VIX is due to settle in the 13s, still reflective of a mainstream with near zero concerns, least of all the middle east.
sp’60min
VIX’60min
Summary
*yours truly has picked up STOCK in Barrick Gold and First Majestic Silver.
I’ll sleep just fine with the holy trinity (NEM, GOLD, AG) of gold/silver miners.
I still hold a GLD CALL block, which I should exit when Gold >$2090… preferably >2100.
—
notable stock: BA
Reflective of the main market… s/t broken
–
notable weakness: AMD
Reflective of the sector. I’d be open to a lower low next week.
–
notable strength: DIS
S/t lunacy, as if a battle between different activist groups is somehow bullish. Regardless, the stock is s/t bullish.
–
notable fin: PYPL
Rough day for Paypal and sister Block.
The grander concern should be X Payments… due by the summer.
back at the close…