12pm update – lunchtime chop

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


notable stock: AAPL

Bulls can argue its still floor building from just above the 200dma.

notable weakness: NVDA

Just lower with the sector.
No reason not to expect a new hist’ high, whether next week or within Feb’

notable strength: DIS

Surprisingly strong… although daily momo was due to turn + anyway.
Background chatter on the next Marvel movie isn’t good though.

notable stock: RCAT

Renewed buying… oh well, I’ll just leave it alone.

Time for lunch