3pm update – into the close

US equity indexes are due to settle red to some degree, with VIX 15/16s.

sp’60min

VIX’60min

Summary

Note the stall from the hourly 10MA.
Orange gap… 6270s… is viable tomorrow or early Friday with the Powell.
.. then a bounce into end month.

The more I see, the more I’d like to short (if light), but not this side of Labor day.


notable stock: PLTR

We should expect sporadic bounces, but broadly… this broken-hysteria is going sub $100

notable weakness: INTC

… as the US Govt’ are set to invest.
Stock to be diluted.  Bearish.

notable retail: TGT

Due to settle well above the opening low, but the stock has been l/t horror since Nov’2021

notable stock: NVDA

$150 looks pretty easy.

back at the close…