US equities are very significantly higher. VIX is churning around the key 20 threshold. USD is +0.3% at 103.92, which makes the current equity gains, a little more impressive.
sp’60min
VIX’60min
Summary
Yesterday is to be seen as a turn day, with today… day’1 up.
Yes, yellow gap might be retraced to… not least on a Thursday, before resuming upward. Teal gap looks out of range… this side of Christmas.
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notable Dow component: AAPL
Just bouncing with the main market.
Yesterday’s hollow red reversal candle played out.
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notable defensive: GD
RBC maintain ‘outperform’, 275>280.
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notable health: MRNA
A recent breakout… s/t bullish.
If the main market collapses in Q1… even this one should be pulled back lower… but the breakout rules it out as a valid short.
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notable trans: CCL
EPS -$1.17… terrible, and that is without a recession or broader war.
Bullish engulfing candle… s/t bullish with the main market.
Its cheerleader time, but I’ll probably cover some extra things on Twitter.