11am update – morning chop

US equity indexes are mixed, with the Trans/R2K broadly higher, whilst the Dow/SPX are flat. WTIC printed $63.66.

sp’60min

VIX’60min

Summary

S/t momentum is weakening, due to turn negative by 12pm… when Powell is due to appear.


notable stock: PLTR

BofA, buy, 180>215
L/t… Palantir is seemingly >$500, and might be added to the Dow’30

notable semicon: INTC

Sporadic bounce

notable crypto stock: BMNR

Vain bounce attempt.

notable miner: B

RSI >90… is NOT sustainable.
Even the bold will be tightening their stops.
RBC, outperform, 34>38