US equities are choppy, if mostly leaning on the weaker side.
sp’60min
VIX’60min
Summary
Best guess… Mr Market takes a dive on Powell. It’ll be a valid excuse… no matter what he says. Natural target is orange gap… in the mid 6200s.
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notable stock: AAPL
A sixth day lower, with momo prone to turning negative tomorrow.
AppleTV subs.. $9.99>12.99, as Pluribus doesn’t come cheap!
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notable stock: GOOGL
That is a pretty solid double top from the $206s
Net bearish for Sept’.
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notable miner: NEM
Higher with the sector. Today’s gain is more impressive relative the main market, and marginally lower gold… $3344
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notable miner: MP
Target remains the $40s, which is a long way down.