US equities remain a little choppy, with indexes due to settle rather mixed. Silver prints $30.85.
sp’60min
VIX’60min
Summary
Suffice to add, even if the SPX settles net red, with a new hist’ high of 5505, it has to be seen as a net bullish day. The s/t cyclical setup favours the equity bulls… although a quad-opex pin around 5450 looks most likely.
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notable stock: SWBI
Smith and Wesson have earnings in AH
We’re gonna need more guns, right?
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notable weakness: MU
A rather ugly downside reversal… if from a new hist’ high.
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notable strength: AMD
Today’s upside break… and it is a break, is similar to SMCI last week.
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notable miner: AG
Lagging this morning, but its caught up, set for gains of around +4%.
back at the close…