US equity indexes are due to settle a little mixed. USD is -0.4% at 107.74, which is propping things up.
sp’60min
VIX’60min
Summary
The s/t cyclical setup is neutral.
I’d remain open to 5900.
I sit back and wait… until the end of time if necessary.
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notable stock: SMCI
Super Micro Computer has earnings in AH
I lean net bearish.
Even the bold will leave well alone.
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notable weakness: TSLA
The pain continues… at an accelerated downward rate.
If SPX 5900, another 7-10%
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notable strength: INTC
A very strong day for my Intel. I hold… for the 200dma $24s.
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notable steel: CLF
Those chasing in early morning are -8% or so.
I wait for SPX 5900
back at the close…