11am update – morning upside

US equities are very significantly higher. VIX has been ground to the 30s.

sp’60min

VIX’60min

Summary

Hourly momentum has turned positive, and offers the 5300s tomorrow.


notable stock: AAPL

S/t bullish to the 200dma… $227s

notable weakness: RTX

Earnings were fine…  EPS $1.47 vs 1.35est. Rev’ y/y +5.2% to $20.3bn vs 19.8est. Backlog $125bn

notable strength: NFLX

Pushing for a new hist’ high.
The monthly candle is bullish engulfing, and offers $1100 in May.

notable miner: FCX

Freeport higher with the main market, and copper $4.83.
Momo has turned positive. S/t bullish to green gap.

time for lunch