US equities are choppy, with most indexes due to settle a little red. VIX has already been ground into the 19s.
sp’60min
VIX’60min
Summary
We’ll probably settle red, but that will make for another daily reversal candle, which leans s/t bullish. I still expect the 5820s.
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notable stock: TSLA
Whilst the TDS/EDS lunatics continue to scratch, paint, or just burn the cars, Tesla is one distinct positive for the bulls.
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notable weakness: NKE
Earnings weren’t great, with terrible y/y sales decline.
Today’s candle is a reversal… s/t bullish.
M/t bearish to the $46s.
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notable trans: FDX
Above the lows, but its been a rough day.
Today’s candle is a reversal… s/t bullish.
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notable semicon: NVDA
S/t bullish with the main market.
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I might highlight it on X later, but I do highly recommend the following…
Its a tech based view… but it takes a nice swipe at some of the CNBC people…
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back at the close…