US equities are choppy, if leaning on the weaker side. WTIC has cooled to $71.28, whilst Natgas is a bullish $4.32.
sp’60min
VIX’60min
Summary
Suffice to add… the s/t cyclical setup favours the bulls, but I’d not expect much for OPEX. I don’t expect to sell OXY or SMR, unless there is a sporadic mini ramp, and that doesn’t look likely.
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notable Dow component: UNH
DoJ are investigating United’s Medicare billing.
Arguably… just another corrupt big pharma’ corporate pig.
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notable weakness: TSLA
The most natural OPEX pin will be psy’ $350
Momentum due to turn positive next week. Soft target… 50dma psy’ $400
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notable trans: UAL
Airlines holding up. United has always been my favourite airline stock.
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notable car: RIVN
Earnings were ‘mixed at best’….
EPS -46cents vs -65est. Rev’ y/y +31.9% to $1.73bn vs 1.40est.