12pm update – lunchtime chop

US equity indexes remain mixed… with the Dow and R2K marginally red, whilst the others are battling to hold minor/moderate gains. VIX has been ground to the low 18s.

sp’60min

VIX’60min

Summary

From a pure s/t cyclical perspective, the setup leans net bearish into 2.30pm.

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notable stock: NFLX

Netflix holding very powerful gains.
I wonder how many are crazy enough to step in front of that freight train.
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notable semjcon: NVDA

You could argue a m/t double top from the $140s.
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notable fin: COIN

… with bitcoin sig’ higher in the $68000s.
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notable silver miner: EXK

Endeavour powering upward with silver $32.89

Time to venture out, as 6pm is just too late.