US equities open in minor chop mode, as the market will be prone for sideways chop after a run from 4531>4651. USD is -0.3% at 96.19… which is helping commodity land.
sp’60min
VIX’60min
Summary
Suffice to add, we should expect increasing chop across the remainder of the week. VIX should be ground net lower, back under the key 20 threshold.
Yours truly has added to BAC, RIG
Picked up: CFVI (aka…the Rumble.com), and XOM
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notable stock: TSLA
Yesterday’s bullish engulfing candle was rather important. CEO Elon said he is done selling.
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notable stock: CFVI
Yours truly is aboard from $11.44.
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notable Dow component: CAT
Helped with the Bernstein upgrade $240s.
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notable miner: FCX
Freeport declared a dividend of 15cents, ex’ as of Jan’14th 2022