US equities remain a little choppy. Whether the SPX settles marginally net higher or lower, with a new historic high, its to be seen as a net bullish day and week. VIX will be inclined to be ground lower into the 12s. WTIC has seen a spike to $78.21, washing out the 200dma short stops.
sp’60min
VIX’60min
Summary
Its not been the most exciting of days, and I merely await the closing bell.
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notable stock: INTC
An ugly end to the week for Intel. The outlook really wasn’t that bad.
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notable stock: TSLA
A failing dead cat bounce.
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notable strength: AMZN
A new multi-year high. Earnings next Thurs’ AH should be fine.
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notable miner: FCX
A failing bounce, black candle… with a partial red gap to fill.
back at the close…