US equities are set for significant declines, with the market rightly upset with the bond market… which is kicking the Trump admin for failing to cut govt’ spending. VIX is testing the key 20 threshold.
sp’60min
VIX’60min
Summary
Finally… a little market drama to wake people up.
Even if Thursday starts positive, we should see another wave lower to tag yellow gap.
Again, the more cautious will NOT be buying/adding this side of the long weekend.
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notable stock: SNOW
Snowflake has earnings in AH. Its not one I follow.
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notable stock: ZM
Zoom Video Comm’ has earnings in AH. The company is doing fine, but there is no growth… with the stock l/t flat lining. Zero point in owning.
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notable stock: TGT
Earnings weren’t great. Distinctly problematic… with the broken consumer.
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notable stock: AAPL
A sixth day lower… set to fill yellow gap.
Time to catch a sunset. back at the close…