12pm update – lunchtime chop

US equities remain choppy, still mostly leaning on the positive side. The R2K remains the exception… -0.4%, whilst the ‘old leader’ – Transports, is +0.4%, a relatively weak dead cat bounce of last Friday’s powerful drop.

sp’60min

VIX’60min

Summary

Yes… its outright tedious, with indexes due to settle somewhat mixed.


notable bank: BAC

A second day lower. Rate cut’2 – Nov’6th won’t help!

notable tech giant: GOOGL

The 50dma would be a pretty natural place to see this monster stall.
The current candle is black, and it won’t take much to see it turn red.

notable semicon: NVDA

Nvidia struggling.

notable miner: FCX

Freeport is higher with copper printing $4.36