US equities remain choppy, if seeing a secondary wave upward. VIX is back to being ground lower into the weekend.
sp’60min
VIX’60min
Summary
Little to add.
Its OPEX.
Expect a lot of chop… mostly positive leaning.
Set for net gains… a pin around 6650.
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notable stock: NVDA
Prime target is the 200dma.
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notable weakness: PLTR
Mr Burry will be pleased… as its already near the 200dma.
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notable crypto stock: BMNR
The horror continues, as crypto trends back toward intrinsic value of $0.00
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notable silver ETF: SLV, 60min
The one good thing I did this week… bail on two (profitable) SLV CALL blocks early Tuesday, and avoid getting my ass kicked into the weekend.
I’m kinda tempted, and I will not resist… (all caps)
YOU CAN NOT BE BULLISH SILVER… IF YOU ARE BEARISH EQUITIES!
I will never be one of those mainstream hacks who tell you something, because I believe its what you want to hear.
I will forever call it… for what IT IS.
I’d rather be dead, than pander to that kind of ‘echo box’ subscriber.
On that feisty note, as night falls, its time for lunch 🙂