US equities are choppy, if attempting to recover upward. VIX appears very prone to cooling back under the key 20 threshold.
sp’60min
VIX’60min
Summary
Its 11am… typical turn time. In theory, we should see at least a few of the indexes turn positive this afternoon.
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notable semicon: INTC
Orange gap tagged, and already turning positive.
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notable car: TSLA
There are buyers out there!
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notable steel: CLF
I expect the $5s… sooner or later.
Its arguably something for the ‘shopping list’, this October.
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notable stock: BA
Hopes that Boeing might get a contract…
Trump is due 11am, defense related announcement…
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Time for an early lunch… although I was first awoken (by the builders) at 4am EST.