US equities remain in micro… if not nano-chop mode. USD is -0.7% at 107.06.
sp’60min
VIX’60min
Summary
Ongoing price action should concern the bears, with the market inclined to lean upward into Wed’ 2pm.
I hold… OXY (2 blocks), INTC (3 blocks), and CLF (1x)
I’ll sleep fine this weekend
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notable stock: AAPL
Bulls can argue its still floor building from just above the 200dma.
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notable weakness: NVDA
Just lower with the sector.
No reason not to expect a new hist’ high, whether next week or within Feb’
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notable strength: DIS
Surprisingly strong… although daily momo was due to turn + anyway.
Background chatter on the next Marvel movie isn’t good though.
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notable stock: RCAT
Renewed buying… oh well, I’ll just leave it alone.
Time for lunch





