US equities are rather powerfully lower, but it remains just a minor retrace of yesterday. VIX 38s… but that is far below the Tuesday afternoon 57s. USD is -1.5% at 101.08.
sp’60min
VIX’60min
Summary
Well, its 11am… typical turn time.
The bulls should be very content with this morning’s retrace.
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notable stock: AMD
Just a retrace!
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notable Dow component: NKE
Stifel, hold, 75>64
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notable retail: AMZN
Just a retrace. Momentum remains due to turn positive.
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notable steel: CLF
Typically 2-3x beta the main market.
Downside in sister stock X isn’t helping.
time for lunch!