US equities have seen another push upward, with the SPX just 25pts (0.4%) from tagging teal gap. VIX is being ground toward yellow gap.
sp’60min
VIX’60min
Summary
Typical turn time… 2.30pm.
Lets see if we can tag 5610 with VIX 13s.
*Ohh, and the ‘Biden’ chatter is pretty insane. Surely they’d have to announce (within hours) of such a death? In any case… every day is wilder than the prior one.
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notable stock: TSLA
Broad chop… ahead of earnings due in AH
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notable weakness: DIS
Set for powerful declines… with the market rightly concerned about a strike at the Parks.
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notable semicon: NXPI
A severe case of post earnings depression, whilst earnings themselves were broadly fine.
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notable defense: LMT
EPS $7.11 vs 6.46est. Rev’ y/y +8.6% to $18.1bn vs 17.0est. Guidance leaning positive… as Planet Krazy loves wars.