US equity indexes are due to settle mixed. VIX 24s. USD is +0.6% at 100.14… a sustained push >psy’100 will especially pressure gold/silver.
sp’60min
VIX’60min
Summary
Best guess… another push upward, but Mr Market is clearly struggling.
At best… an OPEX pin around 6700.
A tag of green gap to the 6820s looks a real stretch.
Weekly momentum will be increasingly negative into December.
—
notable stock: NVDA
Nvidia has earnings in AH, which will garner massive mainstream attention. Earnings should be good, with a fine outlook. I lean to the stock with a net Thursday gain… if settling with a black candle.
–
notable stock: WMT
Walmart has earnings early Thurs’, which should be fine.
–
notable fin: OWL
OWL remains on the ‘to destruct’ list.
Volume today has been very high.
–
notable crypto stock: MSTR
A new low for the year, with bitcoin printing $88K
–
notable crypto stock: BMNR
… the August $30s have been taken out.
Red gap… looks probable.
back at the close…