US equities are set to close moderately lower, with VIX 17s. USD is +0.5% at 106.65
sp’60min
VIX’60min
Summary
s/t equity momentum due to turn negative early Thursday.
VIX stair stepping upward toward the key 20 threshold.
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notable stock: NVDA
Nvidia has earnings in AH, which should be good, with a positive outlook. I’d be open to a ‘fractional miss’, which would be the excuse for the stock to be whacked lower.
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notable weakness: TGT
Earnings weren’t ‘that bad’.
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notable stock: TSLA
Its choppy… at the top.
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notable tech: QCOM
Market frustrated with CEO comments on future plans.
back at the close…