US equities are cooling back. USD is -0.4% at 97.53.
sp’60min
VIX’60min
Summary
Even if we settle red… with a new hist’ high of 6480, it has to be seen as a net bullish day.
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notable stock: AMZN
Expanding same day delivery… which is a problem for COST, WMT, et al
Cyclically low.
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notable health: LLY
Guggenheim, buy, 942>875
S/t … cyclically very low.
My target… $550s… Oct’
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notable media: PSKY
Guggenheim, buy, $13
Daily momo to turn positive at the Thurs’ AH
I do NOT like the company… which is still a woke-infested mess.
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notable miner: EXK
Earnings were very mixed…
EPS -3cents vs +1est. Rev’ y/y +46.3 to $85M vs 84est. Still losing money… with silver yet to climb >$40.