12pm update – lunchtime chop

US equities are choppy, if holding the early low of 5773. As things are, the daily candles are due to settle ‘hollow red’, which would lean net bullish for Tuesday. The Dow and Trans have turned positive.

sp’60min

VIX’60min

Summary

Suffice to add… either we’ve floored from 5773, or a marginal lower low early Tuesday. Either way… net bullish into OPEX/long weekend.


notable stock: BA

Boeing is testing the 200dma yet again.

notable fin: JPM

Earnings due early Wed’ should be good.

notable energy: SLB

Reflective of the sector… with WTIC $79s.
I favour sister OXY

notable miner: FCX

S/t bullish with copper, the latter having solidly floored from psy’ $4.00