US equities remain in minor chop mode, if leaning a touch weak. USD is -0.2% at 104.10. US 10yr has cooled to 4.10%.
sp’60min
VIX’60min
Summary
Further chop can be expected across the afternoon. The s/t cyclical setup will favour the bulls for Wednesday, as giant psy’ 5K might be printed tomorrow.
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notable stock: AAPL
Yesterday’s black candle initially played out, but its reversed upward. A push >$200 appears an eventuality.
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notable reversal: LLY
Earnings were fine, but the stock has seen a full downside reversal, for what is crazy overbought.
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notable car: TSLA
Momentum prone to turning positive in a few days.
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notable stock: ELF
Earnings due in AH. Recent earnings from sister EL were rather positive.