US equities are choppy, if still leaning on the weaker side. WTIC is churning the mid $77s.
sp’60min
VIX’60min
Summary
The chop can be expected to continue into the 2pm press release from Print Central. From there… I’d look for renewed cooling into the close. If instead we rally, I’d still look for a red Thursday.
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notable stock: NVDA
Set for a net daily decline, as daily momentum is increasingly negative.
Best guess… a major drop of 10/15% to around the 50dma.
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notable weakness: CRWD
Reflective of many techs, whacked lower due to Palo Alto.
Attempted floor from the 50dma.
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notable trans: UBER
Relative to news its replacing JBLU in the Transports, its lagging.
Cyclically… crazy high.
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notable miner: FCX
Higher with copper printing $3.90. a monthly close >$4.00 would be very significant.