US equities are struggling to hold gains of some degree, as the market remains shaky. Regardless of Wednesday… the threat is Thursday’s CPI.
sp’60min
VIX’60min
Summary
I was browsing the daily charts… as the broader setup favours the bulls for a few more days. Nasdaq comp’ still looks pretty good for 14700 before maxing out. The wild card is Thursday… and I really don’t want to be buying anything ahead of the CPI.
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notable stock: CRSR
Corsair Gaming has earnings in AH. Great products, but the stock remains m/t horror.
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notable stock: LYFT
LYFT has earnings in AH. Thanks… but no thanks.
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notable stock: CFVI, 60min
Price action remains pretty wild. Momentum is still due set to turn negative, which offers the 13/12s.. whether tomorrow, or a more realistic Thursday.
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notable miner: LAC
I exited too early… but still, a green exit is a good exit. Same for UEC.
back at the close…