US equities are significantly higher. VIX has been ground into the 18s. WTIC has printed $73.18… set for a fifth consecutive net weekly gain. USD is -0.5% at 92.97.
sp’60min
VIX’60min
Summary
For a Thursday… this is really impressive. Nothing matters now… aside from the precise weekly settlement. A few indexes are threatening bullish engulfing candles, which would be suggestive that Monday was a ‘one day wonder for the bears’.
–
notable Dow component: DIS
Pictures from ‘Galaxies Edge’ are impressive, with wait times of a horrifying 2-4hrs…. but that is a bullish sign, yes?
–
notable energy: SLB
Schlumberger is a strange one. Its either leading the sector… or a real laggard. Today… its the former, as yesterday’s black candle failed to play out. I hold for the 35/36s.
—
notable bond ETF: TLT
Bonds cooling back. The $150s are still broadly holding, as I have to expect higher yields into 2022.
—
notable fin: BAC
Higher with the main market, and helped with yields. Momentum due to turn positive on Friday. I hold.
time for lunch…