US equities remain in minor chop mode, if mostly leaning upward. The Transports is +2.9%… with the airlines soaring. Copper $5.59, as the $6s are clearly viable on any further tariff chatter from Trump.
sp’60min
VIX’60min
Summary
Little to add… as the schedule is clear until next CPI-Tuesday
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notable stock: MP
Soaring on a DoD contract.
The current candle is black, with some naturally selling into the jump.
This one merits some digging. Start with… >
> https://www.mpmaterials.com/
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notable air taxi: JOBY
New hist’ high.
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notable trans: UAL
Pulled upward by Delta.
The break >200dma is distinctly s/t bullish.
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notable steel: CLF
I see no news. I’m guessing its on hopes of tariffs.
time for a light lunch