10am update – opening chop

US equities open in minor chop mode.

sp’60min

VIX’60min

Summary

Little to add, for what is further tedious price action.
At least we do have some individual movers…

notable stock: TSLA

Yesterday’s bullish engulfing candle played out.
The current candle is black… with sellers, perhaps on competition concerns from BYD.

notable retail: CASY

Earnings were good…
EPS $2.63 vs 2.01est. Rev’ y/y +10.9% to $3.99bn vs 3.93est.
Seeking to open 80 new stores in fiscal 2026

New hist’ high. Impressive!

notable drone: ONDS

After a strong run, Ondas is set to issue new shares/warrants. The amount is currently unknown. The decision is a smart one… whilst the market is broadly strong.

Pre-market -13%… back to flat. Impressive!

notable nuclear: SMR

New hist’ high. Renewed hysteria.