3pm update – quad-opex into the weekend

US equities are set for further chop into the close. VIX will likely be ground into the 12s, as few with the mainstream, have any concerns about any ‘surprises’ this weekend.

sp’60min

VIX’60min

Summary

Well, regardless of today’s exact settlement, with new hist’ highs in the SPX and Nasdaq comp’, it should be seen as a net bullish week.


notable stock: NVDA

Even Nvidia can’t climb every single day.
Momentum due to turn negative on Monday.

notable stock: AAPL

A number of the non-AI hysteria techs actually fairing better today.

notable fin: COIN

Coinbase struggling, partly main market, largely bitcoin.

notable stock: MU

Yesterday’s bearish engulfing candle played out.

back at the close…