US equities are set for sig’ net daily declines. VIX is churning around 19, as a weekly close above the key 20 threshold looks unlikely. WTIC $76.69, with Natgas $4.01. Gold $2718, with Silver $31.33. USD is +0.4% at 109.47.
sp’60min
VIX’60min
Summary
5807 looks a pretty good washout floor, ahead of next Friday’s OPEX, where I’d be open to a pin around 6K… ahead of the inauguration/holiday weekend.
Yours truly holds CLF, INTC (3 blocks), and OXY
I’ll sleep fine with those.
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notable stock: INTC
I’m heavily involved… so yeah… I’m biased, but the $18s do make for one hell of a m/t floor. I HOLD… and I’d like the $21s before end month.
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notable stock: TSLA
Whether Tesla settles marginally positive or negative, its holding up well.
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notable semicon: NVDA
Due to settle red… but with a new hist’ high on Tues’, its been a net bullish week.
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notable Dow component: BA
A daily close above the 200dma… probably.
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notable tech giant: AAPL
Today’s candle is spiky from a key price threshold.
Cyclically very low, and prone to resuming upward.
back at the close…