US equities open broadly lower, on news the Ukrainians have launched a US missile/s against Russian. VIX printed 17.93, if cooling back. WTIC $69.55. Gold $2633.
sp’60min
VIX’60min
Summary
Suffice to add… the geo-political news is beyond disturbing.
Now its case of how ‘restrained’ Russia will be.
Were I in Kiev, I’d be leaving.
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notable stock: WMT
Earnings were good…
EPS 58cents vs 53est. Rev’ y/y +5.5% to $169.6bn vs 167.7est.
The stock duly printing a new hist’ high.
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notable weakness: LOW
EPS $2.89 vs 2.82est. Rev’ y/y -1.5% to $20.2bn vs 19.9est. The decline in sales is worse when you factor in (at least) 2-3% of inflation.
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notable strength: NVDA
S/t spec’ buying ahead of Wed’ AH earnings.
The stock is also partly being helped by upside in SMCI.
Yesterday’s hollow red reversal candle played out.
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notable miner: GOLD
Barrick Gold leading the sector, with Gold printing $2643