3pm update – into the close

US equities are set to close broadly higher. VIX continues to churn the mid 12s… as the mainstream are near 100% complacent.

sp’60min

VIX’60min

Summary

Regardless of the exact close… another new hist’ high, with the Nasdaq comp’ and SPX leading the way up.

notable stock: AMD

AMD set for solid gains, with the market pleased with news of the purchase of Silo AI for $665M.

notable stock: TSLA

Tesla is choppy, if set for an ELEVENTH consecutive daily gain.

notable strength: AAPL

New hist’ high. Chatter of a positive outlook >

https://www.zerohedge.com/technology/apple-expects-10-rise-new-iphone-shipments-hopes-ai-driven-upgrade-cycle

notable stock: NVDA

Momentum should turn positive before the weekend.

I should venture out, back at the close…