US equities open on a weak note. USD +0.3% at 98.34.
sp’60min
VIX’60min
Summary
S/t structure of a bear flag, has been provisionally confirmed.
To fully confirm, need <6343… which would offer 6271… by early Friday.
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notable stock: INTC
As the market awaits news of the US govt’ buying 10% or so.
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notable stock: BA
Hopes of a 500 jet sale to China.
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notable retail: WMT
Earnings were mixed…
EPS 68cents vs 74est. Rev’ y/y +4.8% to $177.4bn vs 176.2est.
The stock has a clear m/t double top from the $104s.
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notable car: TSLA
Gigafactory fire in Germany… perhaps due to Arson via the Volcano Group