US equities are clawing back upward, with the SPX back to flat. WTIC $73.27.
sp’60min
VIX’60min
Summary
Current price action is pretty tedious, as the bears are almost entirely powerless. Well, there is always CPI-Wednesday.
I have ZERO interest in shopping until 5905.
At least INTC is flying today!
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notable reversal: CLF
Those chasing the open are -5% or so.
I’d consider buying it back… if sp’5900.
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notable weakness: TSLA
Struggling… 330/325 looks realistic if sp’5900
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notable health: MRNA
BofA, underperform, 41>34.
Earnings due early Friday will be Garbage!
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notable miner: FCX
Freeport knocked lower by copper.
Yesterday’s black candle played out.