US equities remain a little choppy, with indexes set to close a little mixed. VIX is due to settle in the 18s. WTIC $71.66. Gold $2759, with Silver $34.93.
sp’60min
VIX’60min
Summary
Its rather tedious, as many are understandably just sitting back until the election. The s/t cyclical setup will favour the bulls for early Wed’
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notable stock: NVDA
Whether it closes higher or lower… new hist’ high… net bullish day.
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notable weakness: LMT
Earnings were fine. Yesterday’s black candle (from a new hist’ high) played out, as Mr Market is washing out the weaker short/mid term bulls.
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notable car: TSLA
Still lagging the main market. Earnings due Wed’ AH
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notable stock: BA
Boeing has earnings early Wed’, which won’t likely be pretty.
A capital raise of $25bn appears due.
The current candle is black from the 50dma.
back at the close…