US equities are in minor chop mode, as whilst the market is s/t overbought, the bears remain powerless.
sp’60min
VIX’60min
Summary
Thankyou for YOUR patience…
If it drops again… I’ll just post > https://tradingsunset.blogspot.com
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notable stock: GE
Earnings were good… EPS $1.32 vs 1.04est. Rev’ y/y +15.6% to $9.87bn vs 9.60est. $7bn buyback. Divi >30% in 2025
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notable weakness: INTC
I guess its just being dragged lower with the sector… mostly due to SK Hynix ‘uncertain outlook’. I HOLD… into next Thurs’ earnings.
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notable trans: UAL
Yesterday’s bearish engulfing candle played out, for what is just s/t bullish exhaustion.
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notable steel: CLF
I see no news. I hold.