US equities are choppy, if still leaning upward. VIX remains comfortably holding above the key 20 threshold. WTIC $73.11. Gold $2623. Silver $30.35. Copper $4.42.
sp’60min
VIX’60min
Summary
So far… the bears are largely powerless, but the FOMC mins are due 2pm, and would be a prime excuse for the market to take a dive… much like yesterday afternoon.
–
notable stock: AAPL
A key stock to watch. Despite today, momentum remains negative.
The Sept’ $213s look pretty easy.
–
notable semicon: NVDA
A fifth day higher… on renewed AI hysteria.
—
notable steel: CLF
$1.6bn corp’ debt offering… to help pay for Stelco.
Momo due to turn negative on Thurs’
—
notable retail: AMZN
Amazon is higher with the main market, but looks vulnerable to settling with a black candle, or outright red.