US equities are choppy, if mostly leaning on the upward side. WTIC is printing $56.77… having bounced from $55.12.
sp’60min
VIX’60min
Summary
The bulls should continue to be pleased with ongoing price action.
Bears are running out of time.
CPI Thursday threatens a cooling wave.
Q1 earnings-Friday… should see the week end on a positive note.
SPX 5700s… with VIX 20s… are the big targets for May/June.
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notable stock: AAPL
Leading the main market upward.
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notable semicon: NVDA
Bounce target 120/125
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notable trans: DAL
Having been cut in half from mid January. S/t bullish… psy’ $50
EPS 46cents vs 38est. Rev’ y/y +2.1% to $14.04bn vs 13.02est. CEO says tariffs are hurting bookings. Guidance removed.
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notable miner: NEM
A third day higher. My only concern for the stock/sector, would be a net bearish main market into Oct’
time for lunch