12pm update – lunchtime chop

US equities are choppy, with pretty mixed indexes. VIX is churning 17.00. USD is +0.3%, having pushed into the 107s, for the first time since Oct’2023

sp’60min

VIX’60min

Summary

Nothing has changed, as structure is an increasingly big bearish pennant.

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notable stock: NFLX

Yet another new hist’ high.
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notable weakness: AMZN

Cooling to Trump gap
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notable chicom: BABA

Reflective of the Chinese stocks… s/t horror.
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notable miner: UEC

Uranium stocks catching further interest