US equities are set for broad gains . VIX is due to settle quad-opex in the 15/14s, as the bulk have zero concerns ahead of the weekend.
sp’60min
VIX’60min
Summary
A frustrating day.
Maybe we’ll see some late day cooling.
The s/t cyclical setup offers a red Monday.
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notable stock: BMY
… as Trump has just had a meeting with an array of big pharma’.
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notable weakness: NKE
Earnings weren’t terrible, but neither were they great.
I’ll be considering sister DECK
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notable strength: RKLB
$805M Pentagon contract.
M/t bullish into the SpaceX IPO in Sept’2026.
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notable silver ETF: SLV, 15min
As things are, I don’t expect to pick up anything before the close.
All cash, but more than last week.
I really shouldn’t complain.
back at the close…