US equities are set for broad declines, but then… it was a Thursday. VIX is due to settle in the 16/15s… reflective of a still calm mainstream. USD is -0.7% at 106.26.
sp’60min
VIX’60min
Summary
A red Thursday was kinda expected, right?
The s/t cyclical setup favours the bulls.
Friday OPEX should settle around 6100.
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notable stock: RIVN
Rivian has earnings in AH… which will be garbage.
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notable stock: XYZ
Block has earnings in AH. I’d favour the financial giants of JPM or BAC
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notable strength: OXY
A strong day… I’d like to exit $54s tomorrow.
Susquehanna, ‘positive’, 58>59
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notable nuke stock: SMR
Set to close 3-4% above my entry… which is pretty good.
I’d consider exiting tomorrow in the $22s.
If not, I’ll hold across the weekend.
back at the close…