12pm update – lunchtime chop

US equities are powerfully lower. VIX has picked up to the 44s… but still far below the Tuesday 57s. USD is -2.0% at 100.48.

sp’60min

VIX’60min

Summary

A new intraday low, but it STILL makes for just a retrace of yesterday.


notable stock: TSLA

Just lower with the main market.
A push to 290/300 still looks pretty easy.

notable Dow component: DIS

Just a retrace!
The m/t concern should be a recession.

notable semicon: INTC

Lower with the main market.

notable miner: FCX

Freeport lower, despite copper +20cents at $4.23