US equity indexes are set for net gains, with even the Nasdaq comp’ having turned positive. VIX 15/16s… reflective of ‘everythingisfine’ mainstream. Copper $5.61
sp’60min
VIX’60min
Summary
Regardless of the exact close, with new hist’ highs (SPX, Nasdaq comp’), its to be seen as a net bullish day. S/t momentum is due to settle on the moderately high side.
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notable stock: AMD
A strong day… due to HSBC, 100>200
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notable stock: TSLA
Mostly just higher with the main market.
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notable strength: DAL
Earnings were unquestionably good.
The stock has a clear breakout >200dma.
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notable miner: FCX
Freeport… as copper merits continued attention, as Trump is considering a 50% tariff on imports. It should be clear… that is a cost on US manufacturing… and (at least partly), the US consumer.
I should venture outside. Back at the close…