12pm update – lunchtime chop

US equities are broadly lower, with the two leaders – Trans/R2K, leading the way down. VIX has picked up to the 19s. USD is +0.4% at 103.74

sp’60min

VIX’60min

Summary

We’re set for the third daily decline of five, but for now… its all noise, within a m/t bullish trend. Considering the past few weeks, I can’t take any downside seriously this side of the election.

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notable stock: BA

Earnings this Wednesday morning won’t pretty.
Neither would a capital raise of $25bn.
Even the bold will leave alone.
The stock is m/t broken, with natural target of the $130s
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notable weakness: INTC

Underlying weakness.
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notable stock: NFLX

New hist’ high, if cooling back.
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notable miner: EXK

Higher with the sector. RSI >70… is overbought, and the cautious will be such.