US equities are choppy, if leaning on the weaker side, lead by the Transports -3.5%… largely skewed by FDX. VIX is due to settle in the 16s.
sp’60min
VIX’60min
Summary
Well… its quad-opex… we’re due to settle either 5700 or 5650. The latter looks a stretch, but its possible. Regardless of the exact close, its been a net bullish week.
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notable stock: NKE
Nike set for powerful gains… but below the highs, with a black candle.
The new CEO won’t be able to solve weak consumer demand.
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notable stock: FDX
Justly whacked lower on lousy earnings, bodes bad for sister UPS, the sector, and broader economy.
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notable semicon: INTC
Underlying weakness.
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notable miner: CCJ
Chatter about Three Mile Island to restart…to power all those data centers.
back at the close…