US equities open a little weak. Gold prints a new hist’ high of $2755, which is more impressive relative to higher bond yields, and a fractionally stronger dollar. Silver $34.49. WTIC $70.35.
sp’60min
VIX’60min
Summary
A little weakness, but it barely rates as fractional. I’d not expect anything much from today. Things should liven up tomorrow with a wheel barrow of earnings, inc’ two of the defense stocks (LMT, RTX).
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notable stock: BA
Another provisional deal with workers has been reached. Earnings due early Wed’. Mr Market is expecting a capital raise of around $25bn
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notable weakness: TSLA
S/t structure is a bear flag. Earnings due Wed’ AH
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notable defence: LMT
New hist’ high. Earnings due early Tues’
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notable miner: AG
Next big resistance is the May high of $8.08