US equities are choppy, with the R2K joining the Dow to turn red. VIX has cooled to fully fill orange gap. Gold prints a new hist’ high of $2735, with Silver $32.82. Lower bond yields and the weaker dollar are helping.
sp’60min
VIX’60min
Summary
Well, its not the most exciting of days. The bears should have opportunity to cool the market into the mid afternoon.
–
notable stock: AAPL
Mostly just higher with the main market.
Thursday’s black candle hasn’t played out, but the day isn’t over.
–
notable weakness: MRNA
Yet another new multi-year low for Moderna, as we’ve not yet died from Monkeypox… a narrative they tried to push for two summers, but failed.
—
notable nuclear: NNE
The buyers are piling back into NNE, and sisters OKLO & SMR
—
notable miner: AG
First Majestic powering upward with silver
yours… awaiting lunch